Found: 102

Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices

... for gasoline supplies not affected by the ban, there is currently more gasoline trapped in the country than the temporarily lost volumes. However, experts view the ban and its impact on the market negatively. According to Stankevich, an administrative export restriction in conditions where Russia produces more petroleum products than it consumes is a certain losing strategy, conflicting with economic principles. He believes the mistakes of 2023 are repeating, when a decision to reduce damping payments led ...

The global demand for diesel is decreasing: how will this affect Russia?

... international shipping has been capped at 0.5%, while in coastal areas of the EU and North America, the limit is just 0.1%. These restrictions affect not only fuel oil producers but also diesel suppliers, as producing low-sulfur diesel entails additional refining ... ... sufficient to meet the demand for marine fuel. Moreover, methanol production offers an alternative way to monetize natural gas as exports to Europe decline. Translated using ChatGPT Sourse: https://rg.ru/2024/09/23/grozit-li-snizhenie-eksportnogo-sprosa-rossijskomu-dizelnomu-toplivu....

Gasoline Outpaces Inflation: Will Prices Continue to Rise at Gas Stations?

... Russia has experienced deflation for two consecutive weeks, indicating a decrease in prices on average across the country. However, experts surveyed by "Rossiyskaya Gazeta" believe that the government's decision to fully prohibit gasoline exports—previously restricted for traders, but now also affecting fuel producers—will either halt or at least slow down retail price increases. In light of the export ban, oil producers will strive to curb the rise in retail prices. According to Yuri Stankevich, Deputy ...

Is it possible to replace Russian LNG with American: reality, benefits and risks for the European market

... consumption in Europe Europe is actively increasing its LNG consumption, especially after the 2022 energy crisis caused by the restriction of Russian gas supplies. According to the International Energy Agency (IEA), in 2023, LNG import volumes to Europe ... ... significant increase in import volumes requires new terminals and infrastructure, which will take time and significant investment. LNG exports from Russia and its role in the European market Russia ranks third in LNG exports in the world, behind only the United ...

Why are retail gasoline prices rising?

... the fall crisis period. According to Sergey Tereshkin, CEO of OPEN OIL MARKET, the price increase results from five factors: reduced fuel production, recovery of the automotive market, seasonal demand growth, rising refinery costs, and increased exports following the lifting of restrictions in May. Future Expectations If gas station prices catch up with inflation by summer’s end, government countermeasures are likely. Natalia Milchakova, a leading analyst at Freedom Finance Global, highlighted that last fall’s export ...