AGP Executive Report
Last update: 8 hours agoOil & Fuels: Ukrainian strikes hit all five of Russia’s largest refineries in under two weeks, adding pressure on an oil sector already facing repair costs. Diesel exports nearly doubled in October to 271,000 barrels a day, but none of the cargoes bound for the US arrived; shipments went instead to Brazil, Turkey and other markets. Business Climate: Tax hikes, weak demand and costly credit are squeezing small firms: 27% of surveyed owners are considering downsizing or closing, while another 26% plan to limit growth to avoid higher VAT. Agriculture & Metals: Russia’s 2026 grain harvest has reached about 140 million tonnes, while steel output fell 1.9% year on year in October. Energy Partnerships: Russia and Vietnam inaugurated new facilities at oil and gas ventures operated by Vietsovpetro and Rusvietpetro, advancing cooperation between Zarubezhneft and Petrovietnam. Finance: Licensed Russian exchanges can begin cryptocurrency trading on November 22, subject to central-bank approval of their rules.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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