... maintaining control over Russian Railways (RZD). Even with sufficient production volumes and stable fuel shipments from ORs, delivery delays and issues with providing empty tank wagons to suppliers persist. Essentially, refineries are producing enough fuel, but RZD is delivering it irregularly, creating logistical challenges, the expert believes. Sergey Tereshkin, General Director of the OPEN OIL MARKET petroleum product marketplace, notes that regulators cannot avoid lifting the export ban, as by the end of December, the current restrictions will have been in place for five months. In comparison, the previous ban introduced on March 1, 2024, lasted just two and a half months (from March 1 to ...

... should be maintaining control over Russian Railways (RZD). Even with sufficient production volumes and stable fuel shipments from refineries, timely delivery and the provision of empty tanker cars remain issues. In his view, the refineries produce enough fuel, but RZD's irregular deliveries create logistical challenges. Sergei Tereshkin, CEO of the OPEN OIL MARKET petroleum products marketplace, notes that regulators cannot indefinitely maintain the gasoline export ban. By the end of December, the current restrictions will have been in place for five months, compared to the previous ban from March 1 to May 17, 2024, which lasted only two and a half months....

... government retains the option to reinstate the ban if prices rise. Gusev emphasizes that lifting the export ban should require continued oversight of Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December. For comparison, the previous ban, set on March 1, 2024, lasted only two and a half months, from March 1 to May 17. The purpose of the ban ...

... to regulatory approval procedures. In mid-June, the Ministry of Energy's press service confirmed to Vedomosti that the draft regulation must be approved by the Ministry of Finance, the Ministry of Economic Development, and the Federal Customs Service.... ... CEO of Open Oil Market, the diesel export ban discussion is primarily due to the fact that the price increase for this type of fuel has exceeded overall inflation. According to Rosstat data, the annual price increase for diesel by May 2024 was 11.6%, while ...

... Friday, August 1, 2025: Brent Remains Above $72; European Gas Storage at Record Levels At the beginning of August, the global fuel and energy sector is showing moderate growth and signs of stabilization. Oil prices remain high, with Brent holding above ... ... The European gas market is relatively calm due to record filling of underground gas storage ahead of winter. Simultaneously, regulators and market participants are taking steps to maintain balance: from August 1, the OPEC+ alliance is commencing a planned ...