... "In Russia, vehicles using gas motor fuel are in operation, but their share remains low," the agency's source said, noting that GMF remains a niche "story" for Russia. "In terms of the AI-92 equivalent, the cost of gas motor fuel is 30-50% lower than the price of AI-92 gasoline. However, the use of gas motor fuel heavily depends on subsidies for vehicle conversion, incentives for the sale of new GMF-powered vehicles, and support for gas filling infrastructure," Tereshkin added. According to the ...

... expert, is the oil companies' costs due to forced downtime at refineries. "The profit and loss balance of Russian refineries over the past eight months has decreased by 34%. Rising costs are pushing up wholesale prices, which in turn affect retail fuel prices," Tereshkin explained. For the gasoline segment, the decisive factor is the outpacing price dynamics of the AI-98 grade, says the CEO of "Open Oil Market." While the prices for AI-92 and AI-95 gasoline have risen by 7% since the ...

... this measure is extreme and indicates that the market is operating under "manual regulation." The reasons for the rise in gasoline prices are consistently similar year after year, with minor variations such as drone attacks . Each year, as fuel prices at gas stations start to rise, discussions arise about the holiday season, which indicates increased demand, and about refinery maintenance, yet the situation remains unchanged. Since 2023, the export ban has been used regularly; however, this ...

... strengths—such as fuel efficiency—but faces strategic challenges, including being perceived as noisy and environmentally unfriendly. For instance, last year, even in "green" Europe, a significant diesel shortage in summer and autumn led to a price spike, contributing to Russia's fuel crisis as third countries redirected their diesel exports to Europe while buying Russian diesel. Currently, Russian companies are performing confidently, according to Simonov. In September, Bloomberg reported a 10% increase in Russia's maritime ...

... about 4 million barrels per day, with China and India nearly dividing these volumes evenly. "I wouldn't rule out that Delhi might react sooner or later. Even if we don't see it at the diplomatic level, European consumers will feel the impact. Fuel prices at gas stations are likely to react to these restrictions, as India is one of the largest fuel suppliers to Europe," Kosareva noted. According to Dmitry Kasatkin, India will maintain its neutrality, but the EU's pressure on refineries is ...