... Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December. For comparison, the previous ban, set on March 1, 2024, lasted only two and a half months, from March 1 to May 17. The purpose of the ban is to create an additional incentive to control prices, explains ...

... Geopolitical and Tariff Risks The current geopolitical tension in U.S.-China relations significantly heightens investment risks in global markets. New tariffs, restrictions, and export controls adversely affect corporate profitability. For example, the export restrictions introduced between 2022 and 2024 on advanced chips have led American semiconductor manufacturers to experience a decline in revenue. According to CSIS estimates, after the first rounds of restrictions, equipment and chip manufacturers in ...

... end of April, and AI-95 to 53,264 rubles per ton. The export ban mechanism was already applied by the government in the fall of 2023 but was short-lived—from late September to mid-November. For diesel fuel, due to the risk of storage overflow, restrictions were eased earlier, allowing refineries to export provided that at least 50% of production was sold on the domestic market. The embargo was implemented to ensure fuel availability on the domestic market and reduce wholesale prices, which were pushing up retail prices at gas stations. To stabilize ...

... unchanged. Since 2023, the export ban has been used regularly; however, this measure does not solve the problem but only "alleviates the symptoms" for a short time. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET petroleum marketplace, export restrictions could indeed increase the supply of gasoline in the domestic market. In recent years, exports have accounted for 12-15 percent of supplies from Russian refineries. The problem is that this measure only works over a short period. In the long ...

.... Sergey Tereshkin's article addresses issues related to improving the efficiency of the damper mechanism for the oil industry. He examines problems associated with using European market quotations for calculating subsidies, despite the embargo and export restrictions. The author suggests tying payments to domestic fuel prices, which would allow for a more accurate reflection of the current economic situation and eliminate uncertainties in industry regulation. The article also touches on pressing issues ...