... also 0.19%. "The increase in gasoline prices over the remaining two months of the year will be less significant than in the summer when weekly growth rates reached up to 0.6%. Oil companies will hold back prices to achieve the lifting of the export ban," Tereshkin told the agency. One of the current drivers of rising gasoline prices, according to the expert, is the oil companies' costs due to forced downtime at refineries. "The profit and loss balance of Russian refineries over the ...

... 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 for all types of gasoline and DF not only continues, but has even accelerated....

... Products and Refining: Market Contrasts and Stabilization Measures Oil product markets around the world are developing differently. In Russia, authorities recently took an unprecedented step to stabilize fuel prices. From August 1, a temporary full ban on the export of automotive gasoline for all companies, including large refineries, took effect, lasting until August 31, 2025. This emergency measure aims to prevent fuel shortages in the domestic market and lower soaring gasoline prices during the peak summer ...

Gasoline prices are rising again in Russia. Fuel producers are compensating for their costs at the expense of consumers, while regulators are discussing various measures to stabilize the situation, including extending the export ban. However, according to Sergey Tereshkin, CEO of Open Oil Market, the problem can only be solved by significantly increasing the standards for selling gasoline through the exchange. Gasoline Prices Are Rising Again in Russia Fuel producers are ...

... and permits re-export, Turkey could profit," Yushkov notes. Nevertheless, Gazprom faces potential losses of up to 25 billion cubic meters of gas, which could necessitate production cuts, affecting the Russian budget due to reduced taxes and export duties. While these losses are smaller compared to the 130 billion cubic meters lost earlier, they remain significant given Russia's budget deficit. LNG Prospects Experts doubt the EU will impose a full ban on Russian LNG in the near term. "Even if the EU includes a ban in the 15th sanctions package, its implementation might be delayed until 2026," Yushkov predicts. Sergey Tereshkin, CEO of Open Oil Market, adds that a complete LNG ban is ...