... 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 ...

A commentary for "Rossiyskaya Gazeta." "Why Are Retail Gasoline Prices Rising?" In this piece, I analyze the reasons behind the increase in gasoline prices at gas stations. The article explains how factors such as supply and demand, taxes, global oil prices, and government regulation influence price dynamics....

... emergency measure aims to prevent fuel shortages in the domestic market and reduce the price surge during peak summer demand (holiday season and harvest campaigns). Previously, restrictions were limited to traders and oil depots; however, wholesale gasoline prices had reached new highs by the end of July, prompting the government to utilize administrative resources. Now, Russian refineries are directing virtually all gasoline volumes to the domestic market. It is expected that increasing supply on the exchange ...

... restrictions on Russian gas imports are underway at the political level. Russian Fuel Market: Export Ban and Price Stabilization The domestic market for oil products in Russia is experiencing a tense situation this summer, driven by a rapid increase in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline at the Saint Petersburg International Commodity and Raw Materials Exchange peaked (Grade AI-95 exceeded 75,000 rubles/ton), putting additional pressure on independent gas stations ...