... have been instructed to maximize domestic market supply and to avoid practices of mutual procurement on the exchange, which had previously driven up prices. (Recall that during the height of the crisis in 2023, the government prohibited address-related fuel transactions between vertically integrated oil companies in order to prevent market speculation.) Currently, the Ministry of Energy, the Federal Antimonopoly Service, and the St. Petersburg International Commodity and Raw Materials Exchange are working on long-term measures to strengthen direct contracts ...

... component of energy supply. Oil Products and Refining: Market Contrasts and Stabilization Measures The oil products market is developing differently across various regions of the world. In Russia, authorities have taken an unprecedented step to stabilize fuel prices. As of August 1, a temporary complete ban on the export of automotive gasoline for all companies, including major producers and refineries, has come into effect until August 31, 2025. This emergency measure aims to prevent fuel shortages in the domestic market and curb the wave of rising gasoline prices during peak summer demand (holiday ...

... reduced gasoline output. The government responded swiftly to the crisis with a set of measures aimed at normalizing the situation. Extension of Fuel Export Ban. The total export ban introduced at the beginning of August on motor gasoline and diesel fuel has been extended until the end of September and is now applied to all producers—including vertically integrated oil companies. This measure increases supply in the domestic market by volumes that previously went for export. Partial Resumption of Exports in October. It is planned that as the situation stabilizes, the largest oil refineries will be allowed to partially ...

... proposals to prevent the recurrence of similar crises in the future. As a result, the Russian fuel market is gradually returning to equilibrium after the disruptions earlier in the month. Corporate News: Dividends, Contracts, and New Projects Major companies in the Russian fuel and energy complex continue to implement their development strategies despite external pressures. Important events are taking place at the corporate level, significant for investors and shareholders: Novatek held a board meeting on August 21, during ...

... damping mechanism if oil prices and currency factors continue to reduce export earnings. Thus, balancing interests—keeping fuel prices low for the population while simultaneously ensuring budget revenues—remains a complex task for authorities and fuel companies. Market participants are closely monitoring the situation: oil companies are already experiencing pressure from increased taxes and sanctions restrictions, and any changes in subsidy or export regulation could impact their financial stability....