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Energy Sector News, Sunday, July 27, 2025: Brent at around $70, Record Gas Reserves, Fuel Price Stabilization
... 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 ...
Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... 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 ...
Why are gasoline and diesel prices rising in the fall of 2024
... Column by Sergey Tereshkin for RBC.
In the fall of 2024, prices for gasoline and diesel fuel in Russia are increasing due to several factors. The primary reasons include a rise in global oil prices, seasonal demand fluctuations, maintenance at oil refineries, and restrictive measures on fuel exports. Inflation and changes in fuel market regulations are also playing a role. Experts predict that prices may stabilize as seasonal factors subside
The Moscow Fuel Association (MTA) reported that last ...
An expert assessed the prospects of Russian oil supplies to India.
... lags behind China in the adoption of electric vehicles. For instance, in China, electric and plug-in hybrid vehicles accounted for 38% of new passenger cars in 2023, compared to just 2% in India.
"Another factor will be the commissioning of new refineries, which will address the deficit in refining capacity and create additional demand for oil. According to the Energy Institute, in 2023, India's oil refining volumes exceeded the design capacity of its refineries by 3%. The IEA forecasts that ...
Experts Assess the Consequences of Lifting the Ban on Gasoline Exports
... Diesel fuel prices remain stable despite seasonal pressures on winter grades.
Earlier, Vice Prime Minister Alexander Novak mentioned the potential removal of the AI-92 gasoline export ban, provided there is confirmation of ample supply at domestic refineries. The export ban, implemented in March, primarily aimed to preempt fuel price increases for gasoline and diesel. Most gasoline in Russia is allocated for domestic use, with only about 15% exported, while around half of diesel is sent abroad....