Discussing why the record stock market prices for gasoline did not impact the export ban and what to expect for prices at gas stations in the near future. Fuel market quotes have been hitting record highs since the beginning of the week, as if the complete ban on gasoline exports introduced just a ...

... export market. A source in one of the trading companies mentioned that the decision on extending the export ban would depend on the "market situation." The Ministry of Energy plays a key role in assessing the risks based on current fuel stocks and price dynamics. As of June 24, gasoline prices at the St. Petersburg International Mercantile Exchange (SPbMTSB) had risen by 29% since the beginning of the year to 52,525 rubles per ton for AI-92, and by 46% to 63,416 rubles per ton for AI-95. The price peak for these types of fuel ...

... contain further price increases during the peak demand season (summer farming activities, vacation transportation). Last week, the Russian government had already warned refineries about the potential imposition of a ban, giving them a week to decrease stock prices. However, wholesale gasoline prices continued to reach new highs, prompting authorities to implement administrative export restrictions. This step means that Russian refineries will direct nearly all produced gasoline volumes to the domestic market in the coming month. It ...

Sergey Tereshkin's comment on the controversial issue of the ban on gasoline exports for RBC. The Russian government has extended the temporary ban on ... ... Lifting and Return of the Embargo In late May, the Ministry of Energy reported that stocks at oil refineries and fuel depots amounted to 2.1 million tons of automotive... ... According to SPIMEX data, during the 2.5 months when the export ban was suspended, gasoline prices rose by 10-30%. This increase in wholesale prices also accelerated retail prices...

... above saw a sharper rise, going up by 96 kopecks. Since the beginning of the year, the average price of gasoline at filling stations in Russia has risen by 3.72 rubles, or 7.2%, compared to an inflation rate of 5.34% over the same period. On the stock exchange, however, the opposite trend is observed. Gasoline quotes have been declining since the end of last week. The price of AI-95 dropped by 5.5%, while AI-92 decreased by almost 10%. However, retail fuel prices in Russia tend to respond only to prolonged and significant upward or downward movements in exchange quotes. Therefore, it is unlikely that retail prices ...