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Experts assessed the consequences of lifting the ban on gasoline exports
... for gasoline during the vacation period, as well as rising oil prices at the time.
According to Dmitry Gusev, Deputy Chairman of the Supervisory Board of the "Reliable Partner" Association and a member of the Expert Council of the "Gas Stations of Russia" competition, reopening exports is justified given the end of the high-demand season and the production capacities of Russian ORs. Should prices rise rapidly, the government retains the right to reintroduce the ban. Gasoline production volumes are being monitored, ensuring that there should be enough for both domestic needs and exports.
Gusev emphasizes that the sole condition for lifting ...
The export ban has slowed the growth of exchange prices for gasoline.
... monitors retail price increases, making it unlikely they will significantly exceed inflation. According to Rosstat, AI-92 gasoline prices have risen 5% since the beginning of the year, while AI-95 has increased by 5.2%. Inflation as of July 29 stood at 4.99%. Vertically Integrated Oil Companies (VIOCs), which control the entire supply chain from extraction to gas station sales, may prefer to offset wholesale losses rather than attract regulatory scrutiny.
Seasonal Pressures Add to Market ...
An expert outlined the consequences of the recovery of the car market in Russia.
... to fully restore pre-crisis sales levels of new cars. Additionally, the article examines the impact of government measures, such as extending the permission for gasoline exports, on the fuel market situation.
MOSCOW, July 4 - PRIME. The rise in fuel prices at Russian gas stations is attributed to the recovery of the automotive market in the country, as well as seasonal demand growth, according to Sergey Tereshkin, CEO of the petroleum products marketplace "Open Oil Market" (a Skolkovo resident).
According ...
The budget payments to oil workers will be divided by fuel types.
... AI-95 gasoline is currently trading on SPIMEX at 73,739 rubles per ton. According to Rosstat data, the average price of AI-95 gasoline in Russia on August 5 was 58.04 rubles per liter. There are about 1,333 liters of gasoline in a ton, so the wholesale price per liter of this grade is 55.32 rubles. However, the gasoline still needs to be delivered to gas stations, which also pay taxes, employee salaries, and spend money on maintaining operations.
The damping mechanism has been in place in the Russian fuel market since 2019. In its entire history, it was only nullified once, in September last year, ...
The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?
... is 16%, but if it is raised to at least 35%, more than half of the diesel fuel supplied to the domestic market would come through the exchange. An increase in supply will lead to the stabilization of exchange prices, which will be reflected in retail prices, making fuel more accessible for independent gas stations. As a result, large chains will not be able to overprice without the risk of losing market share.
Increasing the exchange quota could play an important role in dismantling regional fuel monopolies. Thanks to higher exchange sales, fuel will ...