... Gusev also believes that last week's price increase will not affect the government's decision to lift the export ban. Gasoline exports from Russia account for no more than 15% of total production, the peak demand season in the country is over, and large oil companies have requested the opening of exports, the expert notes. Regarding the latter, Tereshkin adds that oil companies still need to compensate for losses from forced downtime at oil refineries, which led to a reduction in the production of petroleum products. According to Rosstat, total ...

... tensions. Geopolitical Risks and Sanctions: President Donald Trump has escalated rhetoric concerning Moscow, presenting an ultimatum to resolve the conflict in Ukraine within approximately ten days. He has threatened to impose 100% tariffs on Russian exports and secondary sanctions on countries purchasing Russian oil if progress is not made. These statements have increased uncertainty regarding global supplies and added a risk premium to oil prices. OPEC+ Actions: OPEC+ member countries continue to gradually increase supply. In August, total production quotas ...

... tensions. Geopolitical risks and sanctions uncertainty. U.S. President Donald Trump has intensified rhetoric against Moscow, issuing an ultimatum to resolve the conflict in Ukraine within about 10 days. He threatened to impose 100% tariffs on Russian exports and secondary sanctions against buyers of Russian oil if there is no progress. These statements raise uncertainty over future supplies and add a "risk premium" to the price of a barrel. So far, Moscow has shown no willingness to make concessions; Russian officials have called such ultimatums ...

... Bangladesh, several African states) are facing difficulties due to the high cost of imported fuel – many developing economies are forced to subsidize gasoline prices to avoid social unrest. Meanwhile, in the Middle East and India, record levels of oil refining at refineries oriented towards exporting diesel and jet fuel are helping to saturate the global market. On the other hand, structural changes – such as the closure of several old refineries in Western Europe and the US (for example, the planned conservation of some facilities in ...

... determine the pricing situation in the gas market in the fall and winter. OPEC+ Actions: The implementation of planned oil production increases by OPEC+ countries and decisions that may be made at upcoming alliance meetings will influence market balance and oil price dynamics. Fuel Market in Russia: The effect of the export ban on gasoline in the Russian Federation and subsequent authorities' decisions (lifting or extending the ban after August) will impact domestic fuel prices and the potential for Russian export supplies.