... emphasized that the production volumes of MTBE are increasing every year. This year, the company increased production by 30,000 tons compared to last year, to 400,000 tons per year. Other producers are also actively increasing their output. Regarding the cost of MTBE, it is determined by the macroeconomic indicators of the fuel market in Russia. The spot price of MTBE in 2023 decreased by almost 10% compared to 2022, and in 2024, there has been a slight increase in the price compared to last year, the company explained. The issue of expanding the list of allowed additives ...

... introduced to saturate the domestic market, remains in effect, which, combined with budget subsidies, is curbing the rapid rise in fuel prices. At the same time, Europe is rapidly increasing natural gas reserves ahead of the heating season, filling storage ... ... challenging. In confirmation of this, India's state bank has estimated that a complete cessation of oil imports from Russia would cost the country approximately $9 billion in the current fiscal year and up to $12 billion in the next—enormous additional expenses ...

... There is indeed an understanding that prices at gas stations should not rise above the inflation rate, and the Federal Antimonopoly Service (FAS) is closely monitoring retail pricing. However, this understanding is not law. The FAS ensures that the cost of fuel at gas stations is not inflated but does not set price ceilings. Gas stations purchase fuel in bulk at oil depots, on exchanges, and from refineries (NPPs). When wholesale prices rise significantly and rapidly, an increase in retail prices becomes ...

... global energy sector is demonstrating a remarkable trend: after several years of decline, demand for coal is once again on the rise. Prices for thermal coal in Asian markets have been increasing for the third consecutive month. In July, the average cost of Australian coal reached ~$113 per ton—its highest since the beginning of the year—while coal from South Africa traded around $94 per ton. Price increases are fueled by steady demand from power stations in Asian countries (China, India, Vietnam, etc.), where economic growth is requiring reliable energy sources. Despite global decarbonization goals, many countries are forced to increase coal combustion in the ...

... stabilize the situation, the government is employing budgetary support mechanisms. Oil refineries (refineries) are receiving compensation under a damping mechanism – subsidies that mitigate the difference between high global prices and fixed domestic fuel prices. In July, the total amount of damping payments was around 60 billion rubles, helping to restrain gasoline price increases for end consumers. However, such costs weigh heavily on the federal budget, especially as oil and gas revenues for July, according to the Ministry of Finance, amounted to approximately 787 billion rubles – less than planned and the third consecutive month below expectations. There ...