... government to relax restrictions. However, the market urgently needs new solutions that go beyond subsidies and export restrictions, says Sergey Tereshkin, CEO of Open Oil Market. The government is preparing documents for the early lifting of the gasoline export ban, which has been in place for four months since August 1, 2024. The current restrictions were supposed to last until the end of the year, but the authorities are ready to accommodate the oil producers. From a formal standpoint, this decision could ...

... 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 window." The government can reconsider it at any time for an extension ...

... respectively. Fresh data from Rosstat will be available on November 20, but so far, it has not recorded a decrease in average national fuel prices in the second half of this year. On the other hand, the connection between the announcement of lifting the export ban and the rise in retail prices is quite questionable—too little time has passed. Moreover, allowing exports should, in theory, improve the economics of oil refineries (ORFs) that supply gasoline abroad. These refineries are well aware that raising ...

... article, we will analyze current trends in Russia's energy sector, discuss the impact on the fuel market, and review the positions of coal, electricity, and renewable energy sources. Special attention will be given to the consequences of this gasoline export ban and its effect on both the domestic and international economies. Energy Sector News, Friday, July 25, 2025: Brent Below $70, Record Gas Reserves, Gasoline Export Ban from August This issue of the fuel and energy sector review covers key events and ...

... This balance of influences in the energy sector is crucial for understanding future trends in the energy market and countries' dependency on oil products. Energy Sector News, Monday, July 28, 2025: Brent Near $70, EU Gas Stores Close to 70%, Gasoline Export Ban In the latest review of the fuel and energy sector, we examine key events and trends as of July 28, 2025 . The global oil market begins the week in a state of relative stability, with Brent trading around $70 per barrel, bolstered by trade agreements ...