... Unsurprisingly, the ban was lifted at the end of May but reintroduced in August after both wholesale and retail gasoline prices spiked sharply in June and July. This surge was primarily driven by high seasonal demand during the vacation period and rising oil prices at that time. According to Dmitry Gusev, deputy chairman of the supervisory board of the "Reliable Partner" association and a member of the expert council of the "Russian Gas Station" competition, the end of the high-demand season and the production capabilities of Russian refineries make reopening exports justifiable. If prices rise rapidly, the government retains the right to reimpose the ban. Current gasoline production ...

Discussing the reasons behind the government's ban on gasoline exports and what this means for the domestic market and fuel prices. Russia has implemented ... ... ban to major producers, although previously it only applied to traders and smaller oil refineries (OR). "The decision was made to maintain a stable situation in the... ... According to the latest published data from Rosstat, as of July 21, AI-92 gasoline at gas stations averaged 57.66 rubles per liter, up by 1.1% since the beginning of the...

... Russian investors, Veterans Day in the U.S. primarily signals a day of heightened caution. Although the American market is open, the reduced activity makes it more volatile. This can have repercussions on currency rates and commodity prices, including oil and gas, which are especially significant for the Russian economy and export-oriented firms. Investors engaged with U.S. stocks or currency pairs involving the dollar should factor in potential short-term fluctuations and reassess their trading strategies ...

... number of Russian banks, including the Central Bank, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also includes lifting sanctions on Prominvestbank. This measure allows the continuation of transactions related to the supply of oil, gas, and other raw materials. Message and Context This move demonstrates flexibility in U.S. sanctions policy towards Russian energy. It underscores the significance of energy resources for the global economy, particularly in the context of maintaining stability ...

... making it unlikely they will significantly exceed inflation. According to Rosstat, AI-92 gasoline prices have risen 5% since the beginning of the year, while AI-95 has increased by 5.2%. Inflation as of July 29 stood at 4.99%. Vertically Integrated Oil Companies (VIOCs), which control the entire supply chain from extraction to gas station sales, may prefer to offset wholesale losses rather than attract regulatory scrutiny. Seasonal Pressures Add to Market Strain August and September are traditionally challenging months for Russia’s fuel market. Gasoline consumption remains high as the holiday season continues, and diesel fuel demand surges with the start of agricultural work. Following the export ban, the primary ...