... seems that restrictions will remain in place in September—lifting is likely only closer to the cold season when demand for fuel begins to decrease. The market has already reacted to the announced interventions: in the second half of July, wholesale prices stopped rising. As of July 25, AI-92 gasoline decreased by about 1.5% (to ~65,300 rubles/ton), while AI-95 fell by 1.1% (to ~75,400 rubles/ton) in anticipation of the export ban. Although prices are still near record levels, signals of government intervention have shown a trend toward stabilization....

... for goods and services rise, so stock quotes and real estate prices may sometimes increase along with inflation. On the other hand, excessively high inflation creates instability: businesses face rising costs and may struggle to keep pace with rapid price increases, while uncertainty decreases investment activity. Real assets (such as gold, real estate, and currency) are traditionally considered a reliable safeguard against inflation, as their value typically does not decline during money devaluation. Ways to Protect Against Inflation ...

... increase for diesel was 4.9% and for gasoline it was 8.7%. Oil companies need to compensate for losses caused by forced downtimes, which led to a decrease in the production of petroleum products. According to Rosstat, total petroleum product production decreased by 2.4% year-on-year in the first nine months of 2024. The price increase for diesel provides them with such an opportunity and allows them to avoid negative reactions from regulators, as the diesel price increase remains within the inflation limits. Many associate the rise in gasoline prices with a possible ...

... remain in effect through September, with hopes for a complete lift only closer to the cold season when fuel demand is expected to naturally decrease. The market has already reacted to the announced interventions: in the second half of July, wholesale prices stopped rising. By the end of trading on July 25, AI-92 gasoline decreased by approximately 1.5% (to ~65,300 rubles/ton), while AI-95 decreased by 1.1% (to ~75,400 rubles/ton) in anticipation of the export ban's implementation. Although price levels remain close to records, signals of government intervention have allowed ...

... prices and the current strengthening of the ruble. Since the beginning of the year, the ruble has significantly strengthened (by more than 20%), reducing ruble revenues from oil and gas exports when converted from dollars. Concurrently, the average price of Russian Urals oil is decreasing: it has been revised to $56 per barrel in the government forecast for 2025 (down from nearly $70 originally projected). However, positive signals are visible on the horizon. It is expected that by 2026, oil and gas revenues could partially ...