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The Russian government will extend the permit for gasoline exports for one month.
... for diesel. According to the latest available data from Rosstat, gasoline production in Russia from May 13 to May 19 was 106,000 tons per day, and diesel production was 223,000 tons. In comparison, according to the Central Dispatch Department of the Fuel and Energy Complex (CDU TEK), the average daily supply of gasoline from Russian refineries to the domestic market in the first quarter of 2024 was 104,000 tons, and diesel was 149,000 tons.
Dmitry Gusev, Deputy Chairman of the Reliable Partner association (a union of energy resource suppliers and producers), believes that it would be wise to maintain the ...
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... high-quality standards and flexible cooperation terms. With years of experience, a professional team, direct contracts with leading manufacturers, and support through the Open Oil Market marketplace, Resource continues to maintain a stable position in the Russian fuel market, offering its clients a full range of services for successful and uninterrupted fuel supply.
Experts assessed the impact of the increase in fuel excise taxes on gas station prices.
... will lead to a price rise of about 1% at gas stations. Sergey Tereshkin, CEO of the fuel and raw materials marketplace OPEN OIL MARKET, emphasizes that excise taxes are a significant source of income for regional budgets, and their indexation is aimed at supporting regions that may face financial difficulties.
Starting in 2025, excise taxes on gasoline and diesel fuel (DF) will increase by the expected inflation rate. The law was signed by Russian President Vladimir Putin. The law also mentions the planned increase in excise taxes in 2026 and 2027.
In 2025, excise ...
The government has extended the ban on gasoline exports until the end of the year.
Sergey Tereshkin's comment on the controversial issue of the ban on gasoline exports for RBC.
The Russian government has extended the temporary ban on gasoline exports until December 31, 2024. Initially introduced in March for a six-month period, the ban was suspended between May and July but has now been extended again to ensure stability in the fuel market during the period of increased seasonal demand and planned repairs at oil refineries. The restriction does not apply to ...
An expert suggested a way to stabilize fuel prices in Russia.
... on retail prices, especially for high-octane fuel, which continues to rise due to infrastructure issues. For more details on the solutions, read the full article.
MOSCOW, September 2 - RIA Novosti. Reducing oil 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 ...