... to shortfalls in exports, why are European market prices used for calculating payments, when that market is no longer accessible to the oil companies? A second question follows: how logical is it to use export alternatives as a benchmark when the regulator periodically imposes export bans? For instance, diesel export restrictions were introduced after last year's fuel crisis caused by the Ministry of Finance's attempts to "halve" the damper. Meanwhile, the ban on gasoline exports was imposed twice this year: from March 1 to May 17, and from August 1 to December 31, with the current ban not yet officially ...

... Some subsidy parameters and fuel market rules may need to be adjusted in response to changing market conditions. It might make sense to separate subsidy payments for different gasoline grades and diesel types, as well as to differentiate diesel sales regulations based on grade and season. We know which grades experience increased demand and when, he explained. Additionally, attention should be paid to the cost of jet fuel, solvents, and additives used to produce winter diesel. Gusev suggests possibly stimulating higher production of these components during the winter diesel season. Rodionov points out that due to low competition, oil companies have little incentive ...

... prices remain at a high level: the North Sea Brent mark is holding around $73 per barrel (the highest since late June) amid ongoing geopolitical risks and high seasonal demand. The European gas market feels relative calm due to record injection rates of fuel into underground storage facilities ahead of winter. Concurrently, regulators and market participants are taking steps to maintain balance: as of August 1, the OPEC+ alliance has begun a planned increase in oil production to prevent supply shortages, while the U.S. Federal Reserve's decision to keep interest rates unchanged ...

...." "Why Are Retail Gasoline Prices Rising?" In this piece, I analyze the reasons behind the increase in gasoline prices at gas stations. The article explains how factors such as supply and demand, taxes, global oil prices, and government regulation influence price dynamics. Learn about the current trends in the fuel market and why prices continue to climb—read my in-depth analysis on the website. Deputy Prime Minister Alexander Novak on July 8 instructed the Ministry of Energy and the Federal Antimonopoly Service (FAS) to ensure that fuel prices at gas stations ...

... evident signals of forthcoming changes: Oil Market: remains relatively stable due to producer coordination but is sensitive to economic risks. European Gas Market: approaches winter with record reserves, reducing concerns over sharp price spikes. Russian Fuel Market: is increasingly tightly regulated by the government; such "manual" interventions are likely to become the norm in the near future to prevent crises. Global Energy Transition: renewable energy is hitting growth records, while the coal industry is peaking ahead of an ...