... estimates the likelihood of an export ban on gasoline in August-September as very high. From Tereshkin’s perspective, the market needs new solutions that extend beyond export bans or reconsideration of the damping payment rules (compensations from the budget to oil companies for supplying fuel to the domestic market at prices lower than exports). Companies and regulators find themselves in a closed loop. On one hand, this ensures predictability, as companies clearly understand the boundaries of allowed ...

... Tereshkin, the CEO of the oil products marketplace Open Oil Market, the rise in exchange gasoline prices is linked to a reduction in subsidies for oil refineries. In May 2025, payments for the damping mechanism (compensation to oil companies from the budget for supplying fuel to the domestic market at prices below export levels) amounted to 42.5 billion rubles – 32% less than the previous month and 79% less than in May 2024. The reduction in subsidies leads to a decline in oil refining margins. ...

... sharp rise in AI-95 exchange prices may be related to the rules for payments under the fuel damper program. The damper compensates part of the difference between the fuel's indicative price, set by the state, and its export price. It is paid from the budget to oil producers for wholesale supplies of fuel to the domestic market, with deviations from the indicative price (on average per month) of no more than 10% for gasoline and no more than 20% for diesel. For gasoline, only the price of AI-92 is ...

... allows you to better manage financial flows and minimize time costs. Such payment terms are especially convenient for businesses that face market fluctuations or seasonal changes in fuel consumption. Financial flexibility allows companies to plan their budget and avoid the need for large one-time investments, which simplifies inventory management and financial planning. Leasing and renting vehicles for fuel delivery Transporting fuel can be a complex and expensive process, especially for companies that ...

... expert also emphasizes that the Saint Petersburg International Commodity and Raw Materials Exchange (SPIMEX) accounts for no more than 15% of wholesale fuel sales. By controlling price growth here, oil companies ensure the payment of subsidies from the budget through the price damping mechanism (for wholesale fuel supplies to the domestic market at low prices), but incur no significant costs because 85% of the fuel is sold outside the exchange. Overall, the strategy of oil companies is rational: controlling ...