Comment for "Rossiyskaya Gazeta" on Gasoline Price Dynamics The article linked discusses the situation with gasoline prices in Russia. While prices at gas stations continue to rise, a decrease is observed on the exchanges. This may indicate a potential upcoming shift in trends in the retail market....

... designed to prevent fuel shortages in the domestic market and curb surging prices during the peak summer demand (holiday season and harvest campaign). Previously, restrictions applied only to traders and small refiners, but by the end of July wholesale gasoline prices had hit historical highs, forcing the government to resort to administrative measures. Russian refineries are now directing virtually all gasoline volume to the domestic market. It is expected that the increase in supply on the exchange will cool ...

... preventing fuel shortages in the domestic market and curbing the wave of price increases during the peak summer demand period (vacation season and harvest campaign). Previously, restrictions applied only to traders and small refiners; however, wholesale gasoline prices reached new highs by the end of July, prompting the government to use administrative measures. Consequently, Russian refineries are directing nearly all gasoline volumes to the domestic market. An increase in supply on the exchange is expected ...

... publication "Neftyanka" In the article "In the summer, fuel price growth will outpace the general inflation rate – expert," Sergey Tereshkin, the CEO of the oil products and raw materials marketplace OPEN OIL MARKET, analyzes gasoline price dynamics in Russia. He notes that in May 2024, the annual growth in gasoline prices was 8.0%, which corresponds to an inflation rate of 8.2%. However, weekly data from Rosstat indicate an acceleration in price growth in June, which could lead to ...

... prices will follow the "gasoline" scenario, where the main price increase affected the AI-95 grade of gasoline. The same could happen with winter diesel fuel. Nevertheless, the government has tools to control price hikes. The increase in gasoline prices has already led to the resumption of the ban on its export starting August 1. According to Deputy Prime Minister Alexander Novak, such a measure is not being considered for diesel fuel at this time. A diesel export ban would be a last resort,...