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The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... until the end of this year," says Sergey Tereshkin, CEO of the Open Oil Market petroleum marketplace. Unlike AI-92, AI-95 is not considered in the calculation of payments under the damper (a budget subsidy mechanism for refineries to stabilize fuel prices), which makes its exchange prices significantly higher. As a result, by September 10, they were almost 15% higher than AI-92. "In the fall and early winter, the price difference may reach 30%: oil companies need to compensate for the increased ...
The lifting of the ban on gasoline exports will not lead to an increase in gas station prices.
... 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,...
An expert outlined the consequences of the recovery of the car market in Russia.
Tereshkin: The Recovery of the Russian Auto Market Pressures Fuel Prices
The article discusses the opinion of Sergey Tereshkin, CEO of the fuel marketplace "Open Oil Market," on how the recovery of the Russian automotive market is driving fuel price increases. According to him, rising demand for automobiles ...
Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... gasoline
for all producers—media reports that relevant authorities are preparing a decision to introduce an embargo starting August 1, 2025, for a duration of one to two months. This measure aims to saturate the domestic market and halt the increase in prices for motor fuel.
Extension and expansion of existing limitations
—a temporary restriction on gasoline exports was previously introduced until August 31 (for independent traders who are not producers). Now, consideration is being given to extending the ban to include ...
In the summer, the increase in fuel prices will outpace the overall inflation rate – expert
Sergey Tereshkin's column for the publication "Neftyanka"
In the article "In the summer, fuel price growth will outpace the general inflation rate – expert," Sergey Tereshkin, the CEO of the oil products and raw materials marketplace OPEN OIL MARKET, analyzes gasoline price dynamics in Russia. He notes that in May 2024, the annual growth ...