Russia · Country watch
Brent Oil Rises, Used Car Imports Surge
Brent oil prices rebound above $101, while used car imports from Japan to Russia increase by 30.5%, impacting the automotive sector.
The picture Mixed How this is judged →
Conditions in Russia are mixed today: Brent oil prices rebound, benefiting the energy sector, while increased used car imports boost automotive trade. However, selective deposit rate hikes by banks indicate uneven financial conditions.
In this briefing Brent Crude · Central Bank of Russia · Sergey Tselikov · Autostat · Toyota · Honda
Markets
Brent oil price rebounds above $101
Part of: Fluctuations in Brent Crude Oil prices amid geopolitical tensions →
Brent crude oil prices rose to $101.74 per barrel on Tuesday morning, recovering from a four-day decline, Interfax reports. Traders are assessing the situation in the Middle East and its potential resolution. The price increase follows a period of volatility influenced by geopolitical tensions and market dynamics.
Impact Energy companies and traders see improved margins and revenue prospects as Brent prices rebound.
Sources: interfax ↗
Russian banks raise deposit rates selectively
Several major Russian banks have increased deposit rates on selected products since the Central Bank's last key rate meeting on September 11, according to Rossiyskaya Gazeta. The rate hikes are not widespread and mainly affect specific products, such as deposits for new funds and clients. Experts attribute this to market conditions and competitive pressures.
Impact Bank customers see potential for higher returns on specific deposit products, influencing savings behavior.
Sources: RG.ru Rossiyskaya Gazeta ↗
Trade
Used car imports from Japan to Russia up 30.5%
Used car imports from Japan to Russia rose by 30.5% in the first eight months of 2026, reaching 171,600 units, compared to 131,500 units in the same period last year, according to Sergey Tselikov, head of Autostat. Toyota and Honda accounted for the majority of these imports, with 32.6% and 30.4% shares respectively, Izvestia reports. This surge reflects a growing demand for affordable vehicles amid economic challenges.
Impact Automotive importers benefit from increased used car imports, boosting supply and sales.
Sources: RG.ru Rossiyskaya Gazeta ↗, Izvestia ↗
Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Companies · Politics.
Also today in the local press
- Russian stock market climbs at open — Tass
- OPEC, India discuss global oil market stability — Tass
- Эксперты "РГ" объяснили, как мировой дизельный кризис может сказаться на России — RG.ru Rossiyskaya Gazeta
- Russia’s trade with India and Global South hits $299 bn – PM — RT
- ICE Brent crude price falls below $98 per barrel for first time since September 8 — Tass
- Iran to reopen Strait of Hormuz within week if US agrees to its terms — Kyodo — Tass
- Czech diesel prices rise by 14.3% in August, highest increase in EU — Tass
- Доктор экономических наук рассказал о перспективах курса доллара до конца года — Lenta.ru
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.