... demand fluctuations, maintenance at oil refineries, and restrictive measures on fuel exports. Inflation and changes in fuel market regulations are also playing a role. Experts predict that prices may stabilize as seasonal factors subside The Moscow ... ... gasoline it was 8.7%. Oil companies need to compensate for losses caused by forced downtimes, which led to a decrease in the production of petroleum products. According to Rosstat, total petroleum product production decreased by 2.4% year-on-year in the first nine ...

... tensions. Against this backdrop, global oil prices have stopped declining and are demonstrating relative stabilization, as market participants assess OPEC+ actions and the risks of secondary sanctions. Russia maintains a strict ban on the export of petroleum products to support its domestic fuel market. Simultaneously, Europe is rapidly accumulating gas reserves ahead of winter, and the global energy sector is witnessing a resurgence in demand for traditional energy resources, such as coal, amid high prices and the need for reliable energy supply....

... the key role these supplies play in energy security. New Delhi has negotiated more favorable terms for itself: Russian companies are forced to offer a further discount on Urals oil (estimated at around $5 to the price of Brent) to retain the Indian market. As a result, India continues to actively purchase Russian oil on favorable terms and is increasing its imports of petroleum products from Russia to meet its growing demand. At the same time, the Indian government is taking steps to reduce dependency on imports in the long term. Prime Minister Narendra Modi announced the launch of a national program for the exploration of deepwater ...

... politically, the EU is discussing potential new restrictions on the import of Russian gas, reflecting a desire to finally reduce dependence on supplies from the Russian Federation. Russian Fuel Market: Export Ban and Price Stabilization Measures The domestic market for petroleum products in Russia faced a tense situation this summer due to a rapid increase in gasoline and diesel fuel prices. In July, exchange prices for automotive gasoline on the St. Petersburg International Commodity Exchange reached historical highs (AI-95 ...

... second decade of August. If there is no progress in peace negotiations, the U.S. threatens new stringent sanctions against Moscow. This could target remaining channels for exporting Russian energy resources – further restrictions on the export of oil, petroleum products, or gas from Russia to the global market are not ruled out. This creates additional risks for price volatility as autumn approaches. Additionally, the U.S. is actively working with partners in Asia: energy agreements have already been reached with Japan, Indonesia, and the Philippines,...