... (about 2% of the total market), this price increase does not significantly affect the overall market. "According to our estimates, the margin for AI-98 and AI-100 remains in the positive zone at 4 rubles per liter, and in the last month, wholesale prices have decreased by 2–3%, which contributes to further stabilization," the experts conclude. "Retail margins on AI-95 gasoline will be close to zero until the end of this year," says Sergey Tereshkin, CEO of the Open Oil Market petroleum ...

... gasoline prices at gas stations have accelerated their rise. Between November 11 and 17, they increased by 17 and 18 kopecks for AI-92 and AI-95, respectively. Fresh data from Rosstat will be available on November 20, but so far, it has not recorded a decrease in average national fuel prices in the second half of this year. On the other hand, the connection between the announcement of lifting the export ban and the rise in retail prices is quite questionable—too little time has passed. Moreover, allowing exports should, in theory,...

... material availability and exert downward pressure on global oil prices, indirectly facilitating further gasoline price reductions. In other words, the American refined products market is currently favorable for consumers: supply exceeds demand, and prices are gradually decreasing without shortages. In Europe , the situation with motor fuel prices remains relatively stable. Following the upheavals of 2022-2023, when sanctions and logistics restructuring caused sharp price fluctuations, the European gasoline and diesel ...

Sergey Tereshkin's Commentary for "Rossiyskaya Gazeta" In the article, Sergey Tereshkin analyzes why the ban on gasoline exports introduced in Russia in August 2024 did not lead to a decrease in fuel prices at gas stations. Despite the export restrictions, prices continued to rise due to several factors, including scheduled refinery maintenance, an increase in the key interest rate, and fluctuations in the ruble exchange rate. The impact of international ...

... its market quotes. It is unlikely that oil companies can tighten their belts, as the tax burden on the sector is already the highest in our economy, estimated to reach between 72% and 85%. Additionally, the strengthening of the ruble coincided with a decrease in barrel prices, significantly impacting the sector. Most taxes from the industry are paid based on the volumes of crude oil extracted, with its price determined in dollars and converted to rubles. Therefore, without subsidies, oil companies cannot contain price ...