... export ban should require continued oversight of Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December. For comparison, the previous ban, set on March 1, 2024, lasted only two and a half months, from March 1 to May 17. The purpose of the ban is to create an additional ...

... two months, according to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform. Oil companies understand that after January 31, 2025, the foreign market will again be closed, so they have no incentive to behave well. Therefore, a rally in the domestic market is expected until the end of January, especially since this period will coincide with double-digit excise tax increases. The excise on gasoline of grade 5 in 2025 will rise by 14% (from 15,048 to 17,088 rubles per ton). The expert also emphasizes that the Saint Petersburg International Commodity and Raw Materials Exchange (SPIMEX) accounts for no more than 15% of wholesale fuel sales....

... sanctions against Russia, Hungary has already stated that it will seek separate solutions with Russia in the event of a European-wide ban on Russian gas imports—this signal underscores the ongoing divisions within the EU regarding energy security. Fuel Market in Russia: Gasoline Export Ban and Stabilization Measures Significant changes are brewing in the Russian fuel market. In recent weeks, there has been a rise in exchange prices for automotive gasoline and diesel, creating tension for consumers and the market. The ...

... fuel market and the energy 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 ...

... exports (when prices exceed a certain threshold, payments to oil producers are reduced) has been activated. Mandatory Sale on the Exchange. An increase in the regulations for mandatory sales of fuel on the exchange (from the current 15% of production for gasoline) is being considered to enhance trading liquidity and saturate the market with supply. In August, the growth of retail fuel prices is expected to significantly slow down as oil companies strive to maintain prices, anticipating the prompt lifting of the export ban. However, restrictions are likely to remain in place into ...