Economy
Russia’s weekly inflation measured 0.11% on 6–12 October
Rosstat’s weekly estimate showed higher egg and tomato prices, while some staple vegetables and fruit became cheaper.
NEWSVERUM / Global briefing
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Economy
Russian petrol prices edge down in the week to 12 October
Rosstat recorded small declines in average petrol and diesel prices from 6–12 October, with varied regional movements.
Economy
Saudi FDI stock reaches about SAR 1.1 trillion, minister says
At a WPC Energy Congress panel, the investment minister said the private sector accounted for more than 75% of investment over five years.
Energy
Kuwait and Saudi Arabia sign electricity and renewables cooperation MoU
The agreement sets a framework spanning grid links, power exports, storage, smart grids and energy technologies.
Energy
Qatar energy minister cites disruption to global hydrocarbon flows
Saad Al Kaabi addressed energy and food security at the International Energy Forum ministerial meeting in Riyadh.
Finance
Italy raises €8 billion in 12-month BOT auction at 3.175% yield
Demand reached €11.519 billion, while the weighted average simple yield rose 21 basis points.
Energy
NNPC extends retail fuel discount through October without setting a national pump price
NNPC said its retail-station discount, introduced on October 1, will run through October 31; it said the measure is not a subsidy and does not set a uniform national pump price.
Agriculture
JICA outlines private-sector and smallholder priorities in Republic of the Congo
Japan’s development agency JICA discussed private-sector development and support for rice, fisheries and small horticultural producers at a meeting in Brazzaville on October 9.
Energy
GME: Italy’s week-41 baseload electricity price rose 7.8%
The PUN index averaged €216.72/MWh for 5–11 October, with peak and off-peak prices also higher.
Energy
GME: Italy’s week-41 day-ahead gas price rose 7.4%
For 5–11 October, the average price was €80.36/MWh and trading volume 2.82 million MWh.
Energy
GME: Gas accounted for 50.1% of Italy’s electricity sales by source in September
Italy’s source-classified sales volume reached 20,854 GWh, including 8,924 GWh from renewables.
Energy
GME: Italy’s September day-ahead gas price averaged €78.83/MWh
The monthly summary lists average prices and trading volumes for day-ahead and intraday markets.