What Kommersant, RBC, Vedomosti, Interfax and Forbes Russia report — selected and summarized in English every morning, for readers who don't read Russian. Analysis-grade sourcing, no wire rehash. Data context in the Russia Terminal. Also: Central Asia Digest · Caucasus wire.
Russia extended its diesel export restrictions, while mortgage lending and corporate nine-month results showed diverging trends.
The government extended the ban on exports of diesel, marine fuel and gasoils by direct producers until 31 January 2027, citing stability of the domestic fuel market. Deputy Prime Minister Alexander Novak said exceptions for supplies to world markets will continue and put planned November exports at about 2.15 million tonnes, against 510,000 tonnes in October. For foreign buyers, volumes depend on case-by-case exemptions rather than a general reopening of the market.
Source: Interfax, 31 Oct 2026
Russian banks issued 3.58 trillion rubles (about $44 billion) in mortgages in January–September, 35.0% more than a year earlier, according to Bank of Russia data cited by Interfax. September issuance reached 617.1 billion rubles, the highest of 2026, as borrowers anticipated tighter terms for the Family Mortgage programme. State-supported loans made up about 70% of September volume, while the weighted average rate fell to 8.61% from 10.08% in August; the market-rate average stayed at 18.0%.
Source: Interfax, 30 Oct 2026
Lukoil's net profit under Russian accounting standards rose 30% to 457.5 billion rubles (about $5.7 billion) in the first nine months. Nornickel's net profit grew 3.6-fold to 80 billion rubles, with revenue up 32% to 869 billion rubles, which the company attributed mainly to metal prices. Both results are parent-level figures and do not replace group IFRS reporting.
Source: Interfax, 30 Oct 2026
ALROSA reported a net loss of 23.6 billion rubles (about $290 million) under RAS for January–September, against a profit of 42.3 billion rubles a year earlier. Revenue fell 25% to 118.3 billion rubles, and the company recorded a sales loss of 15.1 billion rubles. Other income was 2 billion rubles, compared with 52 billion rubles a year earlier, which included about 30 billion rubles from the sale of a stake in Angola's Catoca. The figures exclude subsidiaries.
Source: Interfax, 30 Oct 2026
Transneft's net profit under RAS fell to 88.2 billion rubles (about $1.1 billion) from 105.2 billion rubles a year earlier. Revenue rose 3% to 983.6 billion rubles, mainly on sales of commercial oil. The company attributed the profit decline mainly to a lower balance of interest income and expenses and to a negative revaluation of its NCSP shares. Group IFRS results are due by the end of November.
Source: Interfax, 30 Oct 2026
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