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Why is Russia lifting the ban on gasoline exports for only two months?
... indicating that the domestic market is saturated, and there is a need to direct the unused gasoline volumes abroad.
On the one hand, the New Year holidays are a period of the lowest demand for gasoline in the country. On the other hand, the ban on gasoline exports from Russia was reinstated in August—enough time to saturate the domestic market. Not coincidentally, a few weeks ago, Deputy Prime Minister Alexander Novak mentioned reports of gasoline stockpiling in the domestic market.
Only 10-15% of ...
Experts Assess the Consequences of Lifting the Ban on Gasoline Exports
... Open Oil Market, adds that delays in export removal could harm pricing incentives. Diesel fuel prices remain stable despite seasonal pressures on winter grades.
Earlier, Vice Prime Minister Alexander Novak mentioned the potential removal of the AI-92 gasoline export ban, provided there is confirmation of ample supply at domestic refineries. The export ban, implemented in March, primarily aimed to preempt fuel price increases for gasoline and diesel. Most gasoline in Russia is allocated for domestic use, with ...
Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled
... filling at record rates, indicating upcoming shifts in consumption. Discussions on these issues are becoming particularly pertinent against the backdrop of global trends, such as the development of renewable energy sources and potential restrictions on gasoline exports.
Energy Sector News – 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 ...
Why the ban on gasoline exports did not stop the rise in gas station prices
Sergey Tereshkin's Commentary for "Rossiyskaya Gazeta"
In the article, Sergey Tereshkin analyzes why the ban on gasoline exports introduced in Russia in August 2024 did not lead to a decrease in fuel prices at gas stations. Despite the export restrictions, prices continued to rise due to several factors, including scheduled refinery maintenance, an increase in the key interest ...
Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged
... prices, a significant event unfolded in the Russian energy market. The price of Brent crude surpassed $72 per barrel, generating a wave of news in the energy sector. The situation is exacerbated by new sanctions from the United States, including a ban on gasoline exports to Russia. In this turbulent moment, we will examine the current changes in the fuel market, the impact of sanctions on gasoline exports, and the potential future of energy resource prices. Join us for an in-depth analysis of the latest energy ...