... Exchange approached a threshold level, at which oil companies stop receiving damping subsidies—this situation alarmed the market and authorities. The authorities and fuel companies are developing a set of measures to stabilize the situation in the oil products market. Key steps being discussed and partially implemented include: Complete export ban on gasoline for all producers—media reports that relevant authorities are preparing a decision to introduce an embargo starting August 1, 2025, for a duration of ...

... that significant impacts on oil and gas revenues are not expected. MOSCOW, December 12 - PRIME. The structure of Russia's oil and gas revenues allows for hedging against the risks of falling global oil prices, said Sergey Tereshkin, CEO of the oil product marketplace "Open Oil Market" (a Skolkovo resident), in an interview with RIA News. In the expert's opinion, one of the risks for Russia's budget system next year will be a drop in oil prices. At its latest meeting, the OPEC+ alliance extended the current production ...

... price of Brent in the fourth quarter of 2025 to hover around $60–65 per barrel. Nevertheless, most experts believe that a deep price collapse will not occur: as critical low levels approach, OPEC+ countries may once again curtail supply to support the market. OPEC+ Increases Oil Production Cautiously OPEC+ member countries continue to adhere to a policy of gradual oil production increases. In early August, eight key participants in the agreement (including Saudi Arabia, Russia, UAE, Kuwait, and others) announced an increase in ...

... for another two years to maintain high reserve levels for future winters, and discussions on potential new restrictions on Russian gas imports are underway at the political level. Russian Fuel Market: Export Ban and Price Stabilization The domestic market for oil products in Russia is experiencing a tense situation this summer, driven by a rapid increase in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline at the Saint Petersburg International Commodity and Raw Materials Exchange ...

... a shift in the Chinese economy towards gas and RES. In the meantime, the coal sector remains a crucial component of energy supply, achieving nearly record levels of electricity generation worldwide. Oil Products and Refining: Regional Contrasts The oil products market varies across different parts of the world. In Russia, authorities have taken an unprecedented step to stabilize fuel prices. As of August 1, a temporary total ban on the export of automotive gasoline for all companies, including major producers ...