... significant part of electricity generation worldwide. Petroleum Products and Refining: Regional Contrasts The petroleum products market is developing differently across regions. In Russia , authorities have taken an unprecedented step to stabilize gasoline prices domestically. On July 28, the Russian government officially announced a temporary complete ban on gasoline exports by all companies (including petroleum product producers) until August 31, 2025. This emergency measure aims to prevent fuel shortages ...

We discuss whether the rise in gasoline prices will halt after the export ban is introduced. We analyze the possible consequences for the domestic market. Retail gasoline prices have accelerated their growth. According to Rosstat, from July 8 to July 14, the prices for AI-92 and AI-95 increased ...

We discuss why gasoline prices have surpassed inflation levels and the potential for further increases at gas stations. The current situation closely mirrors that of the previous year, when, starting from the middle of summer, gasoline prices at gas stations began to rise sharply,...

... the ban is to create an additional incentive to control prices, explains the expert. When prices stabilize, the regulator lifts the ban. A partial stabilization was observed between summer and fall; during the 10 weeks from May 21 to July 29, 2024, gasoline prices rose by a total of 3.8%, while in the following 14 weeks, the increase was only 2.6%. If the regulator delays lifting the ban, oil companies lose incentives to keep prices down. There’s little reason to forgo revenue if exports remain prohibited....

... the situation at gas stations is the opposite. The rise in prices for all types of gasoline and diesel fuel has not only continued but even accelerated. A comment by Sergey Tereshkin for the "Russian Gazette. Over the past three weeks, wholesale gasoline prices in Russia have fallen by almost 10%, despite the lifting of the export ban on December 1. During the same period, the wholesale price of diesel fuel (DF) decreased by 7%. However, the situation at gas stations is the opposite. The price increase ...