ANALYSIS OF THE RUSSIAN OIL MARKET CONJUNCTURE

The article is devoted to an overview of the current state of the Russian oil market. The paper examines supply and demand in the oil market, examines the dynamics of oil product production and price changes. Special attention is paid to the activities of key industry players — the largest Russian oil companies, as well as the assessment of their main economic results. The document presents forecasts for the further development of the oil industry in 2024. Additionally, scenarios for the distribution of consumption of petroleum products between different sectors of the economy up to 2023 are being considered, as well as a long-term analysis of trends in consumption of various types of petroleum products up to 2040, taking into account possible scenarios.

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Publication Details

Journal
Moscow Economic Journal
Published
2025-03-27
DOI
https://doi.org/10.55186/2413046x_2025_10_3_80
Primary Topic
Global Energy Security and Policy
Type
article
Field-Weighted Citation Impact
0.00
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article

ANALYSIS OF THE RUSSIAN OIL MARKET CONJUNCTURE

Elena Savinova
Moscow Economic Journal
Global Energy Security and Policy
article

ANALYSIS OF THE RUSSIAN OIL MARKET CONJUNCTURE

Elena Savinova
article en

Abstract

The article is devoted to an overview of the current state of the Russian oil market. The paper examines supply and demand in the oil market, examines the dynamics of oil product production and price changes. Special attention is paid to the activities of key industry players — the largest Russian oil companies, as well as the assessment of their main economic results. The document presents forecasts for the further development of the oil industry in 2024. Additionally, scenarios for the distribution of consumption of petroleum products between different sectors of the economy up to 2023 are being considered, as well as a long-term analysis of trends in consumption of various types of petroleum products up to 2040, taking into account possible scenarios.

Moscow Economic Journal
Plekhanov Russian University of Economics (RU)
Openalex Percentile: Top 92%
Global Energy Security and Policy
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