... refineries. Tereshkin believes that oil companies will keep gasoline and diesel prices in check until the end of the year, but a price surge may occur in early 2025 due to the lifting of the export embargo and the annual excise tax increase. Fuel prices at gas stations will continue to rise slowly, following inflation, according to Kotov. He believes that gas stations have returned to a "relatively normal" level of profit due to the drop in wholesale prices. Kaufman expects a slowdown in retail ...

... energy costs are historically sensitive to global shifts. Higher LNG prices not only place pressure on consumers and businesses but also amplify inflationary pressures across the European economy. With winter approaching, the potential for insufficient gas supplies raises serious concerns for both residential and industrial users, as higher energy prices could curtail consumer spending, limit business investments, and stall economic growth. Strengthening Energy Partnerships Outside the U.S. Europe, now facing unreliable supplies from the U.S., may need to seek alternative long-term partners for ...

....S. imports, Europe would require major upgrades and new terminal constructions. Cost Considerations: U.S. LNG tends to be more expensive due to higher liquefaction and transatlantic transportation costs. For European consumers, this means increased gas prices. In 2023, U.S. LNG prices in Europe averaged 15-20% higher than Russian LNG prices. Logistical Risks: Transporting LNG from the United States depends on stable shipping routes and significant logistical resources. Higher import volumes may strain ...

... including in retail, where prices have already continued to grow at the end of the year, despite the traditional pattern of declining prices after the peak demand period. According to the Moscow Fuel Association (MTA), in the last two weeks, gasoline prices at gas stations have accelerated their rise. Between November 11 and 17, they increased by 17 and 18 kopecks for AI-92 and AI-95, respectively. Fresh data from Rosstat will be available on November 20, but so far, it has not recorded a decrease in average ...

We discuss why gasoline prices have surpassed inflation levels and the potential for further increases at gas stations. The current situation closely mirrors that of the previous year, when, starting from the middle of summer, gasoline prices at gas stations began to rise sharply, ultimately surpassing inflation with an increase of 11.13%, compared to the average price growth in the country of 9.52%. Naturally, there is widespread concern about whether this upward trend will continue and to ...