... per liter at gas stations. Overall, the global oil products market is currently not experiencing acute shortages, although regional disparities remain. In some developing countries (such as Pakistan, Bangladesh, and several African states), the high cost of imported fuel creates serious strain—governments are compelled to subsidize gasoline for the population to avoid social discontent. Meanwhile, in the Middle East and India, refineries are hitting records: local refineries focused on diesel and jet fuel exports ...

... of the ban. The longer it remained in place, the fewer incentives oil producers had to keep prices down: why bear additional costs if there were no firm guarantees that this would lead to the lifting of the ban? As a result, the government moved quickly ... ... necessary? Export restrictions served as a "stick" with which the government tried to ensure that the growth in retail fuel prices did not exceed the general inflation rate. So far, this rule has only been followed in the diesel market: by November ...

..., 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 for AI-95. The price peak for these types of fuel occurred on March 18, when the cost of one ton of AI-92 was 54,155 rubles and AI-95 was 66,894 rubles. This period also saw the highest wholesale price for summer diesel fuel this year, at 65,980 rubles. Since the beginning of the year, the price of diesel fuel has risen by 16%, reaching ...

... for AI-98 and higher grades of gasoline. A serious threat to the fuel market, however, is the current drop in oil prices, which could prompt the Ministry of Finance to reduce subsidies under the damping mechanism (compensating part of oil companies’ costs from the budget for supplying fuel to the domestic market at prices below export levels). The expert recalls that a previous attempt to cut subsidies in July 2023 led to a rally in the fuel market, forcing the Ministry of Finance to revert to the previous damping configuration. ...

... RIA Novosti. "In Russia, vehicles using gas motor fuel are in operation, but their share remains low," the agency's source said, noting that GMF remains a niche "story" for Russia. "In terms of the AI-92 equivalent, the cost of gas motor fuel is 30-50% lower than the price of AI-92 gasoline. However, the use of gas motor fuel heavily depends on subsidies for vehicle conversion, incentives for the sale of new GMF-powered vehicles, and support for gas filling infrastructure," Tereshkin ...