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Why are gasoline and diesel prices rising in the fall of 2024
... diesel provides them with such an opportunity and allows them to avoid negative reactions from regulators, as the diesel price increase remains within the inflation limits.
Many associate the rise in gasoline prices with a possible lifting of the export ban. However, according to analysts at OPEN OIL MARKET, this is not entirely true. Current fluctuations are still in line with the "10-20" formula, according to which oil companies lose their right to subsidies if average monthly gasoline prices ...
Buyers Battle for Russian Oil in Europe
... pipeline, transiting through Hungary directly into Serbia.
Previously, Russia supplied oil to Serbia by sea. "Gazpromneft exported oil via the port of Novorossiysk to Croatia, where the oil was unloaded and then sent through a direct pipeline to the ... ... approvals, including negotiations with landowners for land acquisition, takes considerable time. Additionally, there are risks of banning oil supplies via the pipeline. The construction and laying of the pipeline itself likely won't take long due to its relatively ...
The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... Russia from the St. Petersburg Commodity and Raw Materials Exchange (SPbMTSB), the price of AI-92 decreased by 1.6% on September 11 to 59,480 rubles per ton, while AI-95 dropped by 2.15% to 67,808 rubles per ton (the lowest since July, when a temporary export ban was still in place). In August, AI-95 prices peaked at 74,818 rubles per ton. The historical record for AI-95 was set last fall, with prices reaching 76,876 rubles per ton.
Exchange indicators reflect wholesale fuel prices, and their dynamics do ...
Sanctions PR: What the 18th EU Sanctions Package Means for Russia
... potentially risky move by industry experts.
Ekaterina Kosareva, managing partner at VMT Consulting, reminded that Russia currently exports about 4 million barrels per day, with China and India nearly dividing these volumes evenly.
"I wouldn't rule out ... ... months, Brent is expected to hover around $65 per barrel," the expert recalled.
Moreover, he mentioned that tracking the ban on imports of gasoline, diesel, and other petroleum products from countries processing Russian oil will be challenging for ...