... Turkey could profit," Yushkov notes. Nevertheless, Gazprom faces potential losses of up to 25 billion cubic meters of gas, which could necessitate production cuts, affecting the Russian budget due to reduced taxes and export duties. While these losses are smaller compared to the 130 billion cubic meters lost earlier, they remain significant ... ... sanctions package, its implementation might be delayed until 2026," Yushkov predicts. Sergey Tereshkin, CEO of Open Oil Market, adds that a complete LNG ban is unlikely before the end of the winter season (March 31), as Russian LNG helps Europe ...

... impact consumers and producers, increasing the cost of their products and services. As the author of this article and CEO of Open Oil Market, I believe that such a replacement will require significant investments in infrastructure and will be accompanied by high transportation costs, which may create serious obstacles to the rapid implementation of these plans. It is important for us, entrepreneurs, to understand that Russia offers competitive terms for gas supplies, while supplies from the United States are associated with additional logistical difficulties, which are inevitably ...

... prices usually show the most significant growth. Moreover, over the last two years, it was at the end of summer that gas station prices caught up with the national average inflation level. At the beginning of June, Anton Rubtsov, the director of the Oil and Gas Complex Department of the Ministry of Energy, reported that the Russian market was fully supplied with gasoline and diesel fuel (DF). As of June 5, the stocks of automotive gasoline at oil refineries and oil bases reached 1.8 million tons, which is ...

... price increases at gas stations outpaced inflation, prompting the government to take urgent measures to curb the rise. These measures included a ban on gasoline and diesel exports, higher quotas for exchange-traded sales, and stricter FAS control over oil depots and gas stations. While these tools remain available to the government, this year’s situation is somewhat different. Last year, retail price increases were linked to a sharp spike in wholesale fuel prices. At the time, AI-92 traded above 70,000 rubles ...

... station prices began to decrease after two weeks of falling exchange quotes. According to Yaroslav Kabakov, Strategy Director at Finam Investment Company, gas station prices could drop following exchange prices this year, but it is not guaranteed. Gas station prices are influenced more by oil companies’ costs, taxes, and logistics than by exchange quotes, leading to uneven changes across gasoline grades. Tereshkin believes that accelerated price growth at gas stations will continue for AI-98 and higher grades of gasoline. A serious threat to the fuel market, however,...