... since June, only correcting downward in the 20s of the current month. Moreover, on July 24, AI-95 reached its highest price of the year, reaching 75,296 rubles per ton, close to the historical record of 76,876 rubles per ton set last autumn during the fuel crisis. Following the wholesale price growth, retail prices also accelerated. In June, weekly gasoline price growth averaged 0.2-0.4% across Russia, while in July it was 0.5-0.6%, according to Rosstat data. By July 22, gasoline prices had increased ...

... supply volumes of AI-95 to the domestic market. There may also be attempts to reduce dampener payments in case of falling oil prices and declining budget revenues from the sector. The last attempt to reduce the dampener by half in 2023 led to an autumn fuel crisis. Kotov notes that the Ministry of Finance has repeatedly attempted to change the dampener mechanism to reduce payments. It is likely that the new mechanism will again focus on this goal (though officially, the aim is said to be the additional ...

... experiencing less shortage, has shown little price increase. Experts note that the further price dynamics will depend on the duration of export restrictions and the effectiveness of other measures. It is likely that administrative measures will help mitigate fuel price increases through August and September. However, if the ban is lifted in the fall, another price surge may be possible if the root causes of the crisis—low gasoline inventories and maintenance downtimes at refineries—are not addressed. The government must balance between the necessity of keeping prices stable in the domestic market and creating incentives for oil producers to avoid fuel shortages ...

... experienced a lesser shortage, has practically not seen price increases. Experts note that further price dynamics will depend on the duration of export restrictions and the effectiveness of other measures. Administrative steps are likely to prevent fuel price hikes in August–September. However, if the ban is lifted in the fall, a new surge in prices cannot be ruled out if the root causes of the crisis—low gasoline stocks and maintenance downtimes at refineries—are not addressed. The government will have to balance the need to maintain prices in the domestic market with creating incentives for oil producers to prevent fuel shortages during ...

... Contributing factors include seasonal demand increases, repair work at certain refineries, a weakening ruble, and the attractiveness of fuel exports amid high global prices, resulting in local shortages. The government intervened swiftly to prevent a fuel crisis. As of August 15, a full ban on gasoline exports has been implemented (initially until August 31) to saturate the domestic market. Concurrently, Deputy Prime Minister Alexander Novak instructed the ministries of Finance and Energy to provide by ...