What are you looking for:
Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?
... is a "serious" increase in exchange norms for gasoline and diesel, which currently stand at 15% and 16% of production volumes, respectively. "Increasing the exchange norms will significantly increase fuel availability for independent gas stations, which will help curb retail price growth," he says.
Impact of Manual Management on the Market
The downside of the current model of managing the domestic fuel market is the lack of long-term planning opportunities, says Viktor Katona, senior analyst for oil markets at Kpler. In this system, companies do not know how long gasoline exports ...
The export ban has slowed the growth of exchange prices for gasoline.
... 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 ...
Not Much Fire: Why the Government Banned Gasoline Exports
... by 36% since the start of the year.
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 month and by 4.5% since the end of last year.... ... the fact that just recently, the Ministry of Energy
opposed
such actions, believing that there was no need for them, as the market's demand for petroleum products was fully satisfied.
Why the Export Ban?
The introduction of a temporary ban on gasoline ...
The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?
... than half of the diesel fuel supplied to the domestic market would come through the exchange. An increase in supply will lead to the stabilization of exchange prices, which will be reflected in retail prices, making fuel more accessible for independent gas stations. As a result, large chains will not be able to overprice without the risk of losing market share.
Increasing the exchange quota could play an important role in dismantling regional fuel monopolies. Thanks to higher exchange sales, fuel will become more accessible to traders who can supply diesel to agricultural producers and transportation ...
An expert expects the current price level of AI-95 gasoline to remain unchanged until the end of the year.
...
MOSCOW, September 24 - PRIME. Prices for AI-95 gasoline in Russia, both wholesale and retail, will remain unchanged until the end of the year, which means that the profitability of sales will be close to zero, Sergey Tereshkin, CEO of the "Open Oil Market" petroleum products marketplace (a resident of Skolkovo), shared with RIA Novosti.
Earlier on Tuesday, the Kommersant newspaper, citing calculations by the Petromarket Group, reported that despite a decline in wholesale gasoline prices in September, gas station operators have been incurring losses from selling AI-95 gasoline for the third consecutive month. At the same time, the "economics of AI-92 sales, although worsened, remains positive." Meanwhile, the price of gasoline on the St. ...