Found: 221

The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?

... independent gas stations. As a result, large chains will not be able to overprice without the risk of losing market share. Increasing the exchange quota could play an important role in dismantling regional fuel monopolies. Thanks to higher exchange sales, fuel will become more accessible to traders who can supply diesel to agricultural producers and transportation companies at lower prices than dominant regional suppliers. This will help stabilize the small wholesale market, which was especially affected by the fuel crisis in 2023. If raising the quota proves successful, the regulator could abolish the diesel ...

The Russian government will extend the permit for gasoline exports for one month.

... maintaining the export. This is logical because its Kirishi refinery (LLC Kirishnefteorgsintez), with a refining capacity of over 21 million tons per year, was initially built with the aim of serving the export market. A source in one of the trading companies mentioned that the decision on extending the export ban would depend on the "market situation." The Ministry of Energy plays a key role in assessing the risks based on current fuel stocks and price dynamics. As of June 24, gasoline prices at the St. Petersburg International Mercantile Exchange (SPbMTSB) had risen by 29% since the beginning of the year to 52,525 rubles per ton for AI-92, and by 46% to 63,416 rubles per ton ...

Why is the rise in fuel prices at gas stations accelerating despite the decrease in stock exchange prices?

... excise on gasoline of grade 5 in 2025 will rise by 14% (from 15,048 to 17,088 rubles per ton). The expert also emphasizes that the Saint Petersburg International Commodity and Raw Materials Exchange (SPIMEX) accounts for no more than 15% of wholesale fuel sales. By controlling price growth here, oil companies ensure the payment of subsidies from the budget through the price damping mechanism (for wholesale fuel supplies to the domestic market at low prices), but incur no significant costs because 85% of the fuel is sold outside the exchange. Overall,...

Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August

... situation in the coal industry, developments in renewable energy sources (RES) , electricity generation statistics, and some geopolitical aspects of energy trading. This information will be useful for investors and market participants, ranging from oil and fuel companies to electricity and coal industry specialists. Oil Market: Stable Prices Amid Rising Production Oil companies in OPEC+ countries are gradually increasing production in line with the easing of restrictions. According to the International Energy ...

Energy Sector News August 25, 2025 — Sanctions, Oil, Gas, and Oil Products

... adjusting the parameters of the fuel damper (retroactively from August 1) by September 10. An increase in the permissible range for wholesale prices' deviation from indicative levels is anticipated while maintaining compensations, ensuring that oil companies continue to receive budget payouts even at current high prices. This will allow them to direct fuel to the domestic market despite limited exports. Thus, the state will enhance the effect of the adopted measures and is ready to promptly implement new tools if necessary—to guarantee stable fuel supply to the domestic market and keep prices for ...