... and hinting at measures against China following recent steps against India. At the same time, global oil prices are relatively stable at mid-$60 per barrel, reflecting a fragile balance between risks and OPEC+ efforts. In Russia, exchange prices for fuel are hitting new records despite an export ban and existing subsidies, prompting the government to prepare emergency measures to stabilize the domestic market. Meanwhile, Europe is rapidly filling gas storage facilities ahead of winter, relying on LNG inflows and alternative supply routes....

... sector as a whole? In our latest material, we analyze current trends, price changes, and potential consequences for the global economy. Energy Sector News, Saturday, July 26, 2025: Brent Approaches $70, Record Gas Supplies, Market Reaction to Gasoline Export Ban The latest review of the fuel and energy complex highlights key events and trends as of July 26, 2025. The global oil market shows cautious price growth — Brent crude oil is nearing $70 per barrel amid optimism in trade negotiations and coordinated actions by producers. European ...

Over the past three weeks, exchange prices for gasoline in Russia have fallen by almost 10%, despite the removal of the ban on its export starting December 1. The wholesale price of diesel fuel (DF) has decreased by 7% during the same period. However, 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 ...

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 ...

... are lifted earlier than planned or if new accidents occur at refineries. Tereshkin believes that oil companies will keep gasoline and diesel prices in check until the end of the year, but a price surge may occur in early 2025 due to the lifting of the export embargo and the annual excise tax increase. Fuel prices at gas stations will continue to rise slowly, following inflation, according to Kotov. He believes that gas stations have returned to a "relatively normal" level of profit due to the drop in wholesale prices. Kaufman expects a slowdown ...