... traded in much larger volumes. The imbalance will persist. Additionally, one of the reasons production of AI-95 does not keep up with growing demand and why exchange prices for it are soaring is due to the consequences of unplanned repairs at Russian oil refineries (NPS) caused by issues with replacing foreign equipment and drone attacks. For example, the Nizhny Novgorod NPS specialized in the production of high-octane gasoline. Translated using ChatGPT Sourse: https://rg.ru/2024/07/23/pochemu-benzin-ai-95-dorozhaet-silnee-ostalnyh....

... above 75,000 rubles/ton), creating additional pressure on independent filling stations and consumers. The causes include a combination of seasonal factors (increased summer demand from agricultural and tourism sectors) and supply constraints. Several oil refineries halted part of their capacity for scheduled repairs between June and July, reducing gasoline and diesel production. Additionally, certain major players, as determined by the Federal Antimonopoly Service (FAS), significantly decreased fuel sales ...

...,000 rubles/ton), creating additional pressure on independent gas stations and consumers. The causes are a combination of seasonal factors — high summer demand (including from agricultural producers and tourists) — and supply constraints. Several oil refineries paused operations for scheduled repairs in June and July, reducing gasoline and diesel production. Moreover, some major players, as identified by the Federal Antimonopoly Service (FAS), reduced sales volumes on the exchange: FAS initiated a ...

... of Transparency How does the process of buying and selling petroleum products look today for the end B2B consumer in small wholesale (e.g., an agricultural or construction company)? Let me simplify the chain of interactions: Fuel is produced at oil refineries (refineries) and then sold through the St. Petersburg Commodity Exchange at the lowest market price. Large companies (e.g., Russian Railways) that use petroleum products for their own needs are among the buyers, as are large traders who purchase ...

... of the ruble, which will lead to an increase in the cost of oil in ruble terms. Another favorable factor for the budget will be the very structure of oil and gas revenues. According to the Ministry of Finance, in the first 11 months of 2024, 83% of oil and gas revenues (before subsidies to refineries) came from just two taxes: the mineral extraction tax (MET) on oil and the additional income tax (AIT), which accounted for 68% and 15%, respectively," said the source. The first tax mainly depends on the volume of oil production, while ...