... dynamics of the AI-98 grade, says the CEO of "Open Oil Market." While the prices for AI-92 and AI-95 gasoline have risen by 7% since the beginning of the year, the AI-98 grade has increased by 17%. Since March 1, Russia has enforced a ban on gasoline exports abroad, with the exception of EAEU countries. The ban was temporarily lifted in late May but reinstated in August. The government decided to extend the embargo until the end of the year. However, Russian Deputy Prime Minister Alexander Novak announced ...

... last year's harvest season. Exchange prices briefly exceeded 75,000 rubles per ton. Energy expert Kirill Rodionov notes that oil companies are looking for loopholes to increase production and sales margins without the threat of losing subsidies or export bans. This concerns exchange prices for AI-95 gasoline and winter diesel fuel. These segments will continue to face risks of accelerated fuel price increases. From Gusev's perspective, the damping mechanism is fulfilling its role of normalizing the overall situation in the fuel market. However,...

... first nine months of 2024. The price increase for diesel provides them with such an opportunity and allows them to avoid negative reactions from regulators, as the diesel price increase remains within the inflation limits. Many associate the rise in gasoline prices with a possible lifting of the export ban. However, according to analysts at OPEN OIL MARKET, this is not entirely true. Current fluctuations are still in line with the "10-20" formula, according to which oil companies lose their right to subsidies if average monthly gasoline ...

... share of exports in the structure of fuel deliveries from Russian refineries: until 2022, the share of diesel fuel exports was about 50%, but since then, it has dropped to 40% (due to increased demand from heavy machinery in Russia), while the share of gasoline exports never exceeded 15%. Therefore, the gasoline market is more sensitive to production reductions than the diesel market. Rosstat has stopped publishing detailed statistics on fuel production. However, from the available data, it is clear that ...

... inflation rate of 8.2%. However, weekly data from Rosstat indicate an acceleration in price growth in June, which could lead to inflation rates being exceeded. Tereshkin highlights several factors contributing to this trend: The suspension of the gasoline export ban from May 17, 2024, coinciding with a temporary reduction in fuel production. The recovery of the automobile market, which has returned to pre-crisis levels, increasing demand for fuel. Rising costs for Russian refineries, which are reflected ...