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The rise in diesel prices may accelerate by the end of summer, but it will not exceed inflation.
... key reasons behind price fluctuations, seasonal factors, and measures that could impact the diesel fuel market. Find out what the market is expecting and how these changes could affect consumers and businesses.
The rise in diesel fuel (DT) prices at gas stations this year (2.4%) is currently more than twice lower than the average inflation rate (4.91%). Meanwhile, all gasoline grades have already come close to matching the inflation rate. However, gasoline traditionally rises in price from late spring ...
The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?
... there is no shortage and where market incentives can be created to keep prices down.
This involves raising the exchange sales quotas. Currently, the norm for diesel fuel is 16%, but if it is raised to at least 35%, more than half of the diesel fuel supplied to the domestic market would come through the exchange. An increase in supply will lead to the stabilization of exchange prices, which will be reflected in retail prices, making fuel more accessible for independent gas stations. As a result, large chains will not be able to overprice without the risk of losing market share.
Increasing the exchange quota could play an important role in dismantling regional fuel monopolies. Thanks to higher exchange sales, fuel ...
Wholesale prices for gasoline in Russia have started to decrease.
... reinstated a ban on gasoline exports. The restriction does not apply to shipments under intergovernmental agreements or humanitarian supplies.
The ban, originally set to begin on March 1, 2024, for six months, was lifted for a period from May 20 to June 30,... ... on the SPIMEX. The exchange's regulatory minimum for refinery trading is 15% of gasoline production and 16% of diesel.
At gas stations, the price of motor fuel continues to rise moderately, slightly outpacing inflation. According to Rosstat, from October ...
Buyers Battle for Russian Oil in Europe
... potential for Ukraine to block it, as a significant portion of the pipeline runs through its territory.
"I don't believe that supplies via Druzhba will be blocked, at least at this moment. Although we have previously discussed that this could hardly happen.... ...," reflects Igor Yushkov.
The head of Hungary's Foreign Ministry assured that Budapest will never give up Russian oil and gas. Hungary, Serbia, and Slovakia hold on to Russian oil because it represents the most profitable option. "Firstly, the ...
Pressure on Russia's oil exports is set to increase.
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If we take these claims at face value, the picture appears grim. However, it is essential to approach this information with caution. The U.S. and the EU have created numerous obstacles for Russia's financial and banking sectors, industry, IT, and gas sectors (e.g., bans on LNG technology supplies and sanctions against Arctic LNG). However, their efforts to curb Russian oil exports have faced challenges from the start. Perhaps initial decisions were made hastily, making them difficult to reverse. This doesn’t mean the measures were painless ...