Russian Vice Prime Minister Alexander Novak announced the possible lifting of the ban on 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 ...

The Ministry of Energy has proposed lifting the ban on gasoline exports from Russia. This has become possible due to stable prices in the domestic market, stated the head of the ministry, Sergey Tsivilev. Comment by Sergey Tereshkin for "Rossiyskaya Gazeta." The Russian Ministry of Energy has proposed lifting ...

The CEO of the OPEN OIL MARKET petroleum products marketplace, Sergey Tereshkin, comments on the latest decisions by the Ministry of Energy regarding gasoline exports and explains why lifting the ban has become a relevant step. The article examines how the stabilization of domestic market prices affects export policy and analyzes the potential consequences for fuel prices. Tereshkin also explains why oil companies ...

The global coffee market is experiencing a significant upswing, with coffee exports up 11.7% in the 2023/24 season amid historic price increases. In this article, we examine what factors are driving export growth, what influences coffee prices, and how changing climate conditions and logistical challenges are creating new challenges ...

Comment for RBC: Starting from August 1, 2024, Russia will reintroduce the ban on gasoline exports, which will last at least until September. This decision was made amid rising wholesale fuel prices: from May 20 to July 30, the price of AI-92 increased by 13%, and AI-95 by 29%. The price hike is driven by high demand and scheduled maintenance ...