... unprecedented price increases despite previously taken measures. Since late July, a full ban on the export of gasoline and several other petroleum products has been in place (tentatively until August 31) – this emergency measure aims to direct maximum fuel volumes to gas stations and cool the wholesale market. However, the effect has been limited so far: exchange quotations continue to set new highs. As of August 12, the price of AI-95 gasoline at the Saint Petersburg International Commodity Exchange reached ~80,500 rubles per ton – a new historical record. AI-92 gasoline is also nearing the 70,500 rubles/ton mark, matching a two-year high. For comparison, prices on ...

... prices tend to rise rapidly, and regulators have to take action," he told Forbes. "The export ban should cool off prices on the exchange and at retail. Most likely, in the short term, this measure will have the necessary effect; otherwise, ... ... significantly increased in recent years," he notes. "Farmers use gasoline not only for cars and motorblocks but also to fuel gasoline generators, pumping stations, and other machinery necessary for their activities. Gasoline has become a fully-fledged fuel for this industry. Seasonal ...

... products in Russia is experiencing a tense situation this summer, associated with the rapid rise in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline at the St. Petersburg International Mercantile Exchange reached historical highs (the AI-95 grade exceeded 75,000 rubles per ton), putting additional pressure on independent gas stations and consumers. The reasons include a combination of seasonal factors—high summer demand (including from agricultural ...

... cheap oil (around $70 compared to >$100 a year ago) and successful redirection of refined product imports: the EU has established stable diesel supplies from the Middle East, Asia, and the U.S. instead of relying on Russian volumes. As expensive fuel shipments purchased by European importers last winter are used up and replaced with cheaper supplies, gas stations in the EU are gradually reducing retail prices. Nevertheless, due to high taxes and duties, gasoline remains costly for the public – in the largest EU economies, prices hover in the range of €1.6-1.8 per liter at filling stations. Overall, the global refined products market is not experiencing ...

... gas storage facilities continue to fill rapidly, now surpassing 71% of total capacity, mitigating fuel shortage risks ahead of the upcoming winter. In the domestic fuel market in Russia , authorities are implementing emergency measures to stabilize fuel prices—on August 1, a complete ban on gasoline exports was enacted to eliminate shortages at gas stations and curb price increases. Additionally, we will examine the situation in the coal sector, record growth in renewable energy, recent trends in electricity generation, as well as geopolitical factors reshaping global energy resource trade. This ...