... June and July. Following news regarding the imminent embargo in late July, exchange prices indeed stopped rising: by July 25, the price of Ai-92 gasoline declined by about 1.5%, and Ai-95 by 1.1%, anticipating the introduction of the ban. Nevertheless, retail fuel prices continued to creep upward: according to Rosstat, during the last week of July, gasoline at filling stations rose by another 0.3% (for the year, the increase is ~4.6%, slightly above overall inflation of ~4.5%). As of July 31, exchange prices for ...

... producers' costs, including lowering Russian Railways' tariff rates, could lead to the stabilization of fuel prices, Sergey Tereshkin, CEO of the petroleum products marketplace Open Oil Market (a Skolkovo resident), told RIA Novosti. The rise in retail fuel prices continues to slow down. According to Rosstat data, from August 20 to 26, gasoline prices rose by 0.2%, while diesel prices increased by 0.1%. This is lower than a month ago: from July 16 to 22, the cost of gasoline and diesel at gas stations increased ...

... in the country from June 25 to July 1 amounted to 0.66%. The last time such a growth rate was recorded was on January 9, when Rosstat published data for the two holiday weeks at the turn of 2023-2024. "In the coming weeks, the current rate of retail fuel price growth will continue. On the one hand, seasonal demand growth coincides with the overall recovery of the automotive market. On the other hand, the fuel retail market will be indirectly affected by the general acceleration of prices in the economy,...

... price increase for this type of fuel has exceeded overall inflation. According to Rosstat data, the annual price increase for diesel by May 2024 was 11.6%, while the overall inflation rate was 8.3%. Tereshkin adds that in the last month and a half, retail fuel price growth has accelerated. From May 13 to May 20, Rosstat reported that gasoline and diesel prices rose by only 0.1%, but from June 18 to June 24, gasoline prices at gas stations increased by 0.4%, and diesel by 0.2%. As of June 24, the average price ...

... June-July. In fact, after news of the impending embargo emerged in late July, exchange quotes stopped rising: by July 25, the price of AI-92 gasoline dropped by approximately 1.5%, and AI-95 by 1.1%, anticipating the introduction of the ban. However, retail fuel prices continued to rise: according to Rosstat, in the last week of July, gasoline at filling stations increased by another 0.3% (since the beginning of the year, the increase is ~4.6%, slightly above overall inflation of ~4.5%). By July 31, wholesale ...