Found: 109

Energy Sector News — Friday, August 22, 2025: Sanctions, Petroleum Products, and Energy Market

... wholesale prices for gasoline and diesel fuel reached record levels on the exchange, prompting market volatility and government concerns. The main reasons for the spike include seasonal demand increases during the summer months, scheduled repairs at several oil refineries, a weakened ruble, and the attractiveness of exporting oil products amid high global prices. In some remote regions, local fuel shortages have emerged, putting pressure on retail prices. Authorities responded quickly to avert a crisis at gas ...

Gasoline prices are still rising at gas stations, but they are already decreasing on the exchange.

... early as next week. As noted by Sergey Tereshkin, head of the OPEN OIL MARKET fuel marketplace, exchange prices for fuel have only an indirect impact on retail prices. Over 80% of gasoline sales occur in the off-exchange segment—shipments from refineries and oil depots. Fuel station prices depend more on taxes and oil companies’ costs than on barrel quotes. Off-exchange wholesale fuel prices generally follow exchange prices with some delay. For retail prices to respond to a decline in wholesale prices,...

Global Energy Sector News for August 10, 2025: U.S. Threatens China with Tariffs, India Resists Pressure, Oil Market Stabilizes

... significant impact on the global energy market. At the same time, we are observing a stabilization of oil prices and an increase in demand for coal, indicating new trends in the energy sector. In this article, we will analyze the current realities of the oil products market, as well as discuss the supply situation in India and China. We will also explore the growing interest in alternative energy sources (RES) and trends in refineries. Stay with us to learn about the latest changes in the global energy market. Current TЭK News as of August 10, 2025: U.S. Sanctions Pressure on India and China, Oil Price Stabilization, OPEC+ Policies, Export Ban on Oil Products in Russia,...

The budget payments to oil workers will be divided by fuel types.

... The relevant bill has been developed by the Ministry of Finance. The government plans to change the rules for compensating oil companies from the budget for fuel supplies to the domestic market (the damping mechanism), by dividing them according to ... ... values are exceeded, the damping is nullified. Gasoline and DF are produced in Russia in different volumes, often by different refineries. Gasoline is primarily produced for the domestic market, with only a small portion exported, while half of Russia's ...

Why is Russia lifting the ban on gasoline exports for only two months?

... saturate the domestic market. Not coincidentally, a few weeks ago, Deputy Prime Minister Alexander Novak mentioned reports of gasoline stockpiling in the domestic market. Only 10-15% of total gasoline production in the country is exported, but some oil refineries (NPPs) are initially geared towards fuel supply abroad. For them, the export ban was particularly painful. Stankevich notes that the political and economic situation requires prompt decisions, which explains the limited duration of the "export ...