.... Airlines will be required to offset emissions exceeding 85% of 2019 levels by using carbon credits or sustainable aviation fuel (SAF). This could lead to an increase in the cost of international flights, estimated at 9% by 2030 and 21% by 2035. For ... ... expenses in 2027 could amount to 20–30 billion rubles, adding 800–1,200 rubles to ticket prices. Currently, the biofuel market in Russia is underdeveloped, but plans are in place to develop it to ensure energy security and diversify energy resources....

... beginning of the year, the price of AI-98 gasoline has risen by 17%, significantly outpacing other types of fuel. What is driving this trend, and what does the OPEN OIL MARKET forecast for the future? A column by Sergey Tereshkin for RBC Companies. In the fuel market, there continues to be an accelerated increase in prices for AI-98 gasoline. While retail prices for AI-92 and AI-95 gasoline rose by 0.1% during the week of October 15–21, 2024, AI-98 gasoline prices increased by 0.6%. This discrepancy is ...

... must be transported from neighboring refineries. These products are delivered by rail. Such interchangeability of refineries is only possible with the efficient operation of Russian Railways (RZD) in transporting oil products. Stabilizing the fuel market and preventing a repeat of last year’s fuel crisis are now among the government’s priorities. Maintaining transportation priority reflects this. They might even push coal aside if necessary. However, coal shipments are primarily for export,...

... exporting AI-92 gasoline, depending on domestic supply. The initial ban, enforced in March 2024, aimed to prevent fuel price hikes. Experts argue that as demand drops, exports can resume, monitored by the government. Sergey Tereshkin, CEO of Open Oil Market, adds that delays in export removal could harm pricing incentives. Diesel fuel prices remain stable despite seasonal pressures on winter grades. Earlier, Vice Prime Minister Alexander Novak mentioned the potential removal of the AI-92 gasoline export ban, provided there is confirmation of ample supply at domestic refineries....

... expert concluded. REFERENCE: The current oil price ceiling has been in place since December 2022. In February 2023, a price cap of $100 per barrel was introduced for light oil products (diesel fuel, gasoline) and $45 per barrel for dark products (fuel oil). It was supposed that the functioning of the mechanism would be evaluated every two months, based on market conditions and that the ceiling would be set at a discount of -5% from the average market price for Russian oil and oil products, calculated based on data from the International Energy Agency. Additionally, after each change in the ceiling price,...