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Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market

Gas prices in Moscow have reached a record high, marking a significant event for both drivers and market developers. The escalation of the geopolitical situation, rising oil prices, and instability in global markets are affecting the final retail prices. The main factors contributing to this increase include higher export volumes and rising hydrocarbon costs. Price dynamics forecasts remain uncertain: experts consider ...

The factor that has been determining gasoline prices in the U.S. for 30 years has been revealed.

Tereshkin: Over the past 30 years, gasoline prices in the United States have been closely tied to global oil prices, despite a significant increase in domestic production. Since 2010, oil production in the country has more than doubled, and imports have decreased by almost 30%. Nevertheless, in 2023, the cost of oil accounted for 52.6% of the retail price ...

Experts assessed the impact of the increase in fuel excise taxes on gas station prices.

... diesel fuel, it will be 10,915 rubles per ton. Experts note that excises account for about 20% of fuel costs, so the 4% increase will lead to a price rise of about 1% at gas stations. Sergey Tereshkin, CEO of the fuel and raw materials marketplace OPEN OIL MARKET, emphasizes that excise taxes are a significant source of income for regional budgets, and their indexation is aimed at supporting regions that may face financial difficulties. Starting in 2025, excise taxes on gasoline and diesel fuel (DF) ...

The consequences of the drop in oil prices for Russia have become known.

Economist Tereshkin: Oil and gas revenues reduce risks of falling oil prices. An article analyzing the consequences of falling global oil prices for the Russian economy has been published on Sergey Tereshkin's website. The material provides a detailed examination of key ...

FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports

On August 3, 2025, the energy market is undergoing new changes related to oil and gas prices. Amid global economic uncertainty, the price of Brent oil has reached $73 per barrel. Increased attention to the Asian market is prompting experts to rethink the structure of oil exports from Russia. In this article, we will take a ...