... and by 4.5% since the beginning of the year, reaching 62.90 rubles per liter. The decision to impose the ban was made despite the fact that just recently, the Ministry of Energy opposed such actions, believing that there was no need for them, as the market's demand for petroleum products was fully satisfied. Why the Export Ban? The introduction of a temporary ban on gasoline exports from Russia in August 2025 relates to a combination of factors that occur annually and invariably lead to rising fuel prices domestically: scheduled ...

... Russia produces twice as much diesel as it consumes domestically, with half going for export. In comparison, nearly 90% of the gasoline produced in the country is sold domestically, with only about 10% exported. Diesel is the main export product among petroleum products. Therefore, a diesel export ban is only possible in an emergency and for a short period. Otherwise, the market will become oversupplied, leading to a decline in oil refining volumes. It is no coincidence that last autumn, the full ban on diesel exports lasted only two weeks. In an interview with "RG," Yuri Stankevich, Deputy Chairman of the ...

... impact global oil prices, with implications for energy markets worldwide. 20:00 (MSK): USA – WASDE Report The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report will provide key updates on global crop production and stock levels. This report will influence the commodity markets, particularly agricultural futures. 00:30 (MSK): USA – API Crude Oil Stock Data Preliminary oil inventory data from the American Petroleum Institute (API) will offer initial guidance ahead of the official EIA report, potentially affecting crude oil prices. Impact on Europe and the United States Europe: Germany’s inflation data could impact the ECB’s monetary stance, shaping ...

... reducing operational costs, such as railway transportation fees for fuel. In 2022, Russian Railways' freight rate for oil and petroleum products was 948 kopecks per 10 ton-kilometers, compared to 281 kopecks for coal. Eliminating indirect subsidies for the coal industry could help lower costs for oil companies. These measures highlight the complex interplay of market forces, regulatory policies, and seasonal dynamics shaping Russia's fuel market. Translated using ChatGPT Sourse: ...

... transit through key stations remains stable. Details of the analysis are available on the website. The growth in gas supplies to Europe has contributed to an increase in revenue from the gas sector in Russia, noted Sergey Tereshkin, CEO of the OPEN OIL MARKET platform for petroleum products and raw materials. He told Izvestia on September 5 that the growth in revenue from the mineral extraction tax (MET) and export duties on gas is likely to persist in the coming months, as gas transit through the Sudzha gas metering station remains ...