Found: 110

Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter

... storage facilities are filled, leading to lower prices in bulk trade, which then trickle down to retail. Thirdly, the relative cheapness of oil in the first half of the year (WTI quotes are currently ~20% lower than a year ago) has reduced refiners' costs, allowing them to pass some of this advantage onto end consumers. The decline in American fuel prices occurs alongside improvements in refining conditions. Spring maintenance at refineries has been completed, and the production of gasoline and diesel is at seasonally high levels. An additional factor is OPEC+: the cartel's increase in oil ...

ATI.SU: "Cheaper in Bulk: How to Buy Gasoline and Diesel Fuel on the Marketplace"

... rate). Sberbank provides the installments, with Alfa-Bank and Tinkoff Bank joining soon. Buying fuel on installments is quite popular. Over ten months, 76 transactions amounting to 58,306,794 rubles were closed using loan funds. You can calculate the fuel cost and place an order on installments. "Oil Resource Group" is a technological company engaged in raw material trading and asset management in Russia, Europe, and the CIS. The company's turnover in 2020 was 12.5 billion rubles. The founder ...

An expert suggested a way to stabilize fuel prices in Russia.

Tereshkin: Reducing Russian Railways' tariffs for oil companies would stabilize fuel prices (RIA Novosti). Expert Sergey Tereshkin proposed a series of measures to stabilize fuel prices in Russia. He noted that it is necessary to reduce the costs for oil companies, including lowering Russian Railways' tariffs for transporting oil products. Tereshkin also suggested a partial reduction of excise taxes, which would save about 250 billion rubles per year. These steps could help alleviate pressure ...

Why are retail gasoline prices rising?

... a sharp spike in wholesale prices. Instead, prices have been gradually rising compared to 2023 levels, excluding the fall crisis period. According to Sergey Tereshkin, CEO of OPEN OIL MARKET, the price increase results from five factors: reduced fuel production, recovery of the automotive market, seasonal demand growth, rising refinery costs, and increased exports following the lifting of restrictions in May. Future Expectations If gas station prices catch up with inflation by summer’s end, government countermeasures are likely. Natalia Milchakova, a leading analyst at Freedom ...

Why the ban on gasoline exports did not stop the rise in gas station prices

... in September, they had approached their 2023 highs in the last week of August. Falling crude oil prices, which dropped from over $80 to $71 per barrel, are now driving exchange rates downward. Although oil prices have a delayed impact on domestic fuel costs, they may exert some pressure unless oil rebounds quickly. Another factor is the unusually warm September, which extended the summer travel season, increasing demand for gasoline. Rain and cooler weather are expected to temper this demand. ...