... extending the permission for gasoline exports, on the fuel market situation. MOSCOW, July 4 - PRIME. The rise in fuel prices at Russian gas stations is attributed to the recovery of the automotive market in the country, as well as seasonal demand growth,... ... petroleum products marketplace "Open Oil Market" (a Skolkovo resident). According to Rosstat data, the average retail price of gasoline increased by 0.5% from June 24 to July 1, reaching 56.09 rubles per liter, while diesel fuel prices rose ...

... government’s decision lasted only a few days, and by July 30, exchange prices were again on the rise. As noted by Sergey Tereshkin, CEO of the oil product marketplace OPEN OIL MARKET, under the export ban, oil companies have no choice but to slow the growth of retail prices. However, significant changes in the wholesale and exchange segments are unlikely, mainly due to declining profitability. According to the latest data from Rosstat, the net profits of Russian oil refineries fell by 61.5% in the first five months of 2025, amounting to RUB 521.5 billion. Such a drastic decline is largely attributed to a reduction in subsidies for oil producers. While the payments under the "damping" mechanism ...

... can be adjusted at the pump. Nevertheless, major fuel retail chains (including those of major oil companies) gradually raise retail prices, passing some of the increased costs onto consumers. Independent gas stations, which purchase fuel on the open market,... ... The natural gas market follows its own trends. European gas prices stabilized in 2025 after crisis peaks in 2022, and domestic Russian prices remain comparatively low for end consumers due to state regulation. Therefore, the increase in gasoline prices ...

... include relatively cheap oil (~$70 per barrel compared to >$100 a year ago) and successful reorientation of oil products import channels: the EU has established stable supplies of diesel fuel from the Middle East, Asia, and the U.S. to replace lost Russian volumes. As the expensive fuel batches purchased by European importers last winter are consumed and replaced with cheaper ones, gas stations in the EU are gradually beginning to lower retail prices. However, due to high taxes and duties, gasoline in Europe remains expensive for end consumers—with prices in the largest EU economies holding in the range of €1.6–1.8 per liter at gas stations. Overall, the global oil products market ...

... wholesale gasoline prices had hit historic highs, compelling the government to resort to strict administrative measures. Now, Russian refineries are directing nearly all their gasoline supply to the domestic market. It is expected that the increased supply ... ... price of AI-92 gasoline dropped by approximately 1.5%, and AI-95 by 1.1%, anticipating the introduction of the ban. However, retail fuel prices continued to rise: according to Rosstat, in the last week of July, gasoline at filling stations increased by ...