... more than one million barrels per day. The agreement allowed for the compensation of losses due to the absence of Iranian oil. Despite the agreement with America, OPEC member states will likely increase their oil production. Consequently, the amount of fuel in the market will rise. This increase will lead to an oversupply, and as a result, further price declines. Until recently, experts believed that the chances of a significant price drop were low. The price of Brent crude oil would hardly fall below $65 per barrel—unless ...

... September, the exchange price of AI-92 gasoline in Russia reached its highest level since the fall of 2023, and the price of AI-95 gasoline reached its highest point since the summer of this year. Prices increased despite government efforts to stabilize the fuel market. In particular, since August 1, Russia reinstated a ban on gasoline exports. The restriction does not apply to shipments under intergovernmental agreements or humanitarian supplies. The ban, originally set to begin on March 1, 2024, for six ...

... ago: from July 16 to 22, the cost of gasoline and diesel at gas stations increased by 0.6% and 0.3%, respectively. The Ministry of Energy commented to RIA Novosti that prices are influenced by a combination of factors, ranging from seasonal demand to market conditions, and sufficient fuel reserves have been built up ahead of the fall season. However, according to Tereshkin, the "crisis hotspot" remains the high-octane gasoline segment. For instance, the price of AI-98 gasoline increased by 0.9% between August 20 and 26....

... domestic market prices affects export policy and analyzes the potential consequences for fuel prices. Tereshkin also explains why oil companies are interested in removing the restrictions and shares his opinion on the further development of the diesel fuel market, considering seasonal fluctuations in demand for winter-grade fuels. Earlier, Deputy Prime Minister Alexander Novak mentioned the possibility of lifting the ban on exporting AI-92 gasoline from Russia, but only on the condition of confirmed surplus ...

... calculator, the manager would spend at least an hour checking current prices and calculating delivery costs from different suppliers. Current Price Newsletter Many factors influence the wholesale price of petroleum products: demand, weather, global market prices, fuel volume at a particular supplier. Therefore, price lists are updated daily. Clients who want to make an order at the best price need to open several suppliers' and oil refinery websites, compare prices, calculate the total order cost, and then ...