... shipments, but it is unlikely to reflect a tangible decline in supplies in such a short timeframe. In 2024, Novokuybishevsk refinery produced around 1.1 million tons of gasoline, while Ryazan refinery produced 2.2 million tons. Russia produces more automotive fuel of all varieties than it consumes. Gasoline production in Russia is between 41-44 million tons per year, nearly matching the internal consumption requirements. Therefore, short-term price fluctuations may be natural, especially during ...

... Other Precious Metals The second largest import category was precious metals, primarily palladium. In 2024, $878 million worth of metals were imported from Russia (about 30% of the total import volume). Palladium and platinum are mainly used in the automotive industry: they are utilized in catalytic converters for reducing emissions in internal combustion and hybrid vehicles. Russia has historically been one of the largest suppliers of palladium to the global market, so even after sanctions were ...

... remaining voluntary restrictions of 1.65 million b/d will be evaluated (their action has been extended until the end of 2026). The Russian Oil Products Market: Export Ban and Price Stabilization The full export ban on certain oil products, primarily automotive gasoline, remains in effect in the Russian fuel market. The government has extended these restrictions to all producers and traders: from late July until August 31, 2025, the export of gasoline from the country is prohibited for any suppliers....