... exchange prices for this type of fuel, notes Sergey Tereshkin, CEO of the Open Oil Market platform. Damping payments compensate for part of the difference between the government-established indicative price for the domestic wholesale market and the cost of export supplies. According to Tereshkin, oil companies "try to offset part of the arising costs by increasing exchange prices for AI-95." "Therefore, the extension of the export ban is used as a 'stick,' although the previously introduced measures were sufficient to curb the ...

... expires in the second decade of August. If there is no progress in peace negotiations, the U.S. threatens new stringent sanctions against Moscow. This could target remaining channels for exporting Russian energy resources – further restrictions on the export of oil, petroleum products, or gas from Russia to the global market are not ruled out. This creates additional risks for price volatility as autumn approaches. Additionally, the U.S. is actively working with partners in Asia: energy agreements have already ...

... production. Energy expert Kirill Rodionov points out that AI-95 gasoline is excluded from damper payment calculations, unlike AI-92 and summer diesel. This absence discourages producers from restraining AI-95 price growth. The damper compensates oil companies for deviations between state-set benchmark prices and export prices within a margin of 10% for gasoline and 20% for diesel. The benchmark for gasoline is based on AI-92 prices (64,515 rubles per ton). Policy Recommendations to Stabilize Prices Sergey Tereshkin, CEO of OPEN OIL MARKET, suggests including ...

... continuing to trade below the $70 per barrel mark. Gas storage in Europe is being filled at record rates, reducing risks for the upcoming winter season. In the domestic market of Russia, decisive measures are being discussed to stabilize prices for oil products , including a complete ban on gasoline exports starting August 1. We will also look into the situation in the coal industry, developments in renewable energy sources (RES) , electricity generation statistics, and some geopolitical aspects of energy trading. This information will be useful ...

... Monitoring and Dampening Measures. Monitoring of fuel trading on exchanges has been intensified, and a dampening mechanism has been activated to limit excessive profits from fuel exports (when the export alternative exceeds the baseline level, payments to oil producers decrease, reducing incentives for exporting fuel). Mandatory Exchange Sales. Consideration is being given to increasing mandatory exchange sale quotas (from the current 15% of production for gasoline) to enhance market liquidity and saturate the market with supply. It is expected that ...