... Restrictions on Fuel Exports The Russian refined oil product market continues to operate under limited export supplies. The Russian government previously imposed a temporary ban on gasoline exports for all categories of suppliers, including major oil refineries (refineries), until August 31, 2025. This measure aims to maintain stability in the domestic fuel market during the peak summer demand period and the active agricultural phase. Initially, the restrictions applied only to independent traders ...

... prices for automotive gasoline and diesel, creating tension for consumers and the market. The reasons include seasonal factors (increased summer demand, particularly for agricultural fuel and lubricants) and reduced supply due to planned repairs at oil refineries (OR). Many refining companies have taken capacities offline for maintenance in June and July, temporarily reducing gasoline and diesel production. As a result, wholesale prices on the St. Petersburg International Mercantile Exchange approached ...

... rubles per ton). The rise in excise taxes will contribute to higher costs for oil companies, which have already faced additional expenses this year. This is indirectly confirmed by data from Rosstat, which shows that the profit-and-loss balance of oil refineries decreased by 29.4% in the first seven months of 2024, amounting to 1,563 billion rubles. To minimize the risk of price increases in this situation, it is essential to reduce the expenses of oil companies. This includes, in particular, lowering ...

On July 27, 2025, the energy sector faces a myriad of challenges and opportunities. Recent days have seen a notable change in oil prices, which have risen amidst instability in the global economy. Gasoline exports are also showing positive momentum, benefiting refineries. Special attention is drawn to gas reserves, which remain at a high level, but the threat of reduced electricity consumption raises concerns about the future. This article will explore current trends in the energy sector and their impact on ...

... Administrative steps are likely to prevent fuel price hikes in August–September. However, if the ban is lifted in the fall, a new surge in prices cannot be ruled out if the root causes of the crisis—low gasoline stocks and maintenance downtimes at refineries—are not addressed. The government will have to balance the need to maintain prices in the domestic market with creating incentives for oil producers to prevent fuel shortages during the harvest period and the onset of the autumn season. Coal Sector: Record Production Amid Modest Demand The global coal sector is reaching a new production peak in 2025, even as consumption growth slows....