... supply shortages, while the U.S. Federal Reserve's decision to keep interest rates unchanged signals stability in macroeconomic conditions and supports investor optimism. In Russia, an export ban on gasoline remains in effect, aimed at cooling domestic fuel prices during the peak summer demand period. Below is a detailed overview of key events and trends in the oil, gas, electricity, and other sectors of the energy industry as of August 1, 2025. Oil Market: Brent Remains Above $72, Demand and Risks Support ...

... shortages, while the U.S. Federal Reserve’s decision to keep interest rates unchanged signals stability in macroeconomic conditions, boosting investor optimism. In Russia, the recently implemented ban on gasoline exports is aimed at cooling domestic fuel prices during the peak summer demand period. Below is a detailed overview of key events and trends in the oil, gas, electricity, and other segments of the energy sector as of July 31, 2025. Oil Market: Brent Surpasses $72, Geopolitical Factors and Demand ...

... dependence on supplies from the Russian Federation. Russian Fuel Market: Export Ban and Price Stabilization Measures The domestic market for petroleum products in Russia faced a tense situation this summer due to a rapid increase in gasoline and diesel fuel prices. In July, exchange prices for automotive gasoline on the St. Petersburg International Commodity Exchange reached historical highs (AI-95 grade rose above 75,000 rubles/ton), creating additional pressure on independent filling stations and consumers....

... of 5.34% over the same period. On the stock exchange, however, the opposite trend is observed. Gasoline quotes have been declining since the end of last week. The price of AI-95 dropped by 5.5%, while AI-92 decreased by almost 10%. However, retail fuel prices in Russia tend to respond only to prolonged and significant upward or downward movements in exchange quotes. Therefore, it is unlikely that retail prices will start falling as early as next week. As noted by Sergey Tereshkin, head of the OPEN ...

I commented for "Vedomosti" on the decrease in diesel fuel prices in Russia. In October 2024, wholesale prices for gasoline in Russia began to drop. According to data from the St. Petersburg International Mercantile Exchange, the price of AI-92 gasoline in the European part of the country fell to 59,356 rubles ...