... wholesale gasoline prices continued to rise against high summer demand and limited supply, prompting authorities to extend and strengthen market regulation. On August 14, Deputy Prime Minister Alexander Novak held a meeting on the situation in the domestic petroleum products market, resulting in a series of measures to normalize the situation: The ban on gasoline exports has been extended until the end of September and will apply to all fuel producers. In October, partial lifting of restrictions is planned: the embargo will ...

... eliminated, and the situation in the fuel market will stabilize. Telegram Channel "Open Oil Market" – for those who want to stay informed about the latest news in the energy sector. Subscribe to our channel to receive timely analysis on oil, gas, petroleum products prices, market reviews of electricity and RES, as well as insider information on key trends in the global energy landscape. Join the Open Oil Market community and stay one step ahead in the oil and gas industry!

... stirring unrest on the international stage. Simultaneously, the shift toward energy transition is gaining momentum, focusing on renewable energy sources (RES). This article examines how sanctions and global economic changes are affecting the raw materials market, the evolving structure of petroleum product imports and exports, and the transformations occurring within energy infrastructure. Read on to learn more about current trends in the world of oil, gas, and electricity. Energy Sector News – Tuesday, August 19, 2025: A Breather in the Sanction ...

... heavily rely on gas from Gazprom under long-term contracts), building substantial reserves and diversifying sources has notably strengthened Europe’s position as winter approaches. Russian Fuel Market: Export Ban and Price Stabilization The internal market for petroleum products in Russia has faced tension this summer due to a sharp increase in gasoline and diesel fuel prices. In July, exchange prices for automotive gasoline on the St. Petersburg International Commodity Exchange reached historical highs: the Ai-95 grade ...

Personal website Tereshkin Sergey Petroleum products market expert. Investor. Trader. CEO of OPEN OIL MARKET Graduate of ATiSO and MGIMO, completed the Directors' Workshop at Skolkovo Business School, Executive MBA, and Executive Coaching STEP at Sberbank University. Sergey is the CEO of AO “UK Open Oil ...