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FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports

... about 20% lower than a year ago) have reduced the costs for refiners, allowing them to partially transfer this benefit to end consumers. In parallel with the decline in fuel prices, the situation in U.S. refining has also improved. Spring maintenance at refineries has been completed, and gasoline and diesel production is at a seasonally high level. An additional factor is OPEC+ actions: the upcoming increase in oil production in August will enhance raw material availability and apply downward pressure on global oil prices, indirectly facilitating further reductions in gasoline prices. In other words, the current market situation for oil products in the U.S. ...

Why are retail gasoline prices rising?

... increases remain moderate, with annual growth expected to stay below 6–7%. The upcoming return of Nizhny Novgorod and Syzran refineries from maintenance is expected to cool wholesale prices as refining levels peak in July-August. However, if this recovery ... ... Conclusion No experts interviewed foresee a decline in retail fuel prices, citing the absence of conditions such as falling oil prices or reductions in refinery costs. The oil and refining sectors remain burdened by high taxes, which have increased even ...

Where Does Slavneft Invest?

In 2023, Slavneft allocated 98 billion rubles to develop key assets. The main investments were aimed at modernizing production capacities, including upgrading equipment and introducing advanced technologies at oil refineries. Particular attention was paid to environmental projects aimed at reducing emissions and increasing energy efficiency. The company also invested in the development of transport infrastructure to optimize logistics chains and improve supply ...

An expert expects the current price level of AI-95 gasoline to remain unchanged until the end of the year.

... Exchange (SPIMEX) fell on Tuesday after rising earlier in the week. "In the AI-95 gasoline segment, the status quo will remain until the end of the year... Exchange prices for AI-95 will, on average, be 15-20% higher than those for AI-92... Oil producers will need to offset losses from increased costs associated with unplanned repairs at refineries. Therefore, the profitability of AI-95 sales will be close to zero," Tereshkin believes. Additionally, he noted that seasonal factors no longer play a key role in shaping fuel prices. Traditionally, gasoline prices peaked in spring ...

Energy News August 7, 2025: U.S. Pressures India, Petroleum Export, Oil Stabilization

... the year. Despite the export ban, fuel prices at gas stations are gradually increasing, although the rate of growth has slowed compared to peaks in June. To stabilize the situation, the government is also utilizing budgetary mechanisms. In particular, oil refineries (refineries) are receiving compensations under the damping mechanism—subsidies that mitigate the difference between high world prices and fixed domestic fuel prices. In July, the volume of damping payments rose to a record ~60 billion rubles,...