Discussing why the record stock market prices for gasoline did not impact the export ban and what to expect for prices at gas stations in the near future. Fuel market quotes have been hitting record highs since the beginning of the week, as if the complete ban on gasoline exports introduced just a week ago had never happened. The market did not anticipate a cooling period ...

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 oil prices and seasonal factors ...

..., AI-95 reached a record high for the year, hitting 75,296 rubles per ton, close to the historical record of 76,876 rubles per ton set last fall during the fuel crisis. Amid high wholesale prices for AI-95, the profitability of selling this grade at gas stations turned negative. What the Extension of the Embargo Means for the Market The return of the gasoline export ban in August did not lead to a significant cooling of wholesale prices, as "it is one of the peak months in terms of demand and refinery repairs," commented Dmitry Gusev, deputy chairman of the supervisory board of the "Reliable ...

... infrastructure, such as Spain, the United Kingdom, and the Netherlands. While EU sanctions have reduced the presence of Russian LNG, total elimination remains challenging. Russian companies possess substantial production capacity, and despite restrictions, exports persist. Technical and Economic Challenges of Replacing Russian LNG with American LNG Infrastructure Limitations: While Europe has expanded its LNG capacity, it is still heavily reliant on pipeline gas and has limitations in its processing and reception facilities. To significantly increase U.S. imports, Europe would require major upgrades and new terminal constructions. Cost Considerations: U.S. LNG tends to be more expensive due to higher liquefaction ...

... could further strengthen the dollar, influencing global investment flows. Consumer Confidence Index (EU, November, 6:00 PM MSK): This index highlights consumer sentiment and confidence in the EU economy. A decline could lower demand for U.S. and global exports, particularly in consumer goods. Natural Gas Inventories (U.S., 6:30 PM MSK): Changes in U.S. gas inventories could influence global energy markets. Significant shifts might affect European gas prices, especially during the winter season. Corporate Reports Baidu Inc (BIDU): Expected revenue ...