Teryoshkin: Oil Companies Are Not Containing Jet Fuel Prices Due to Compensatory Payments (Prime News Agency) In August 2024, the price of jet fuel on the Saint Petersburg International Mercantile Exchange reached a record 84,879 rubles per ton. Sergey Teryoshkin, General Director of the petroleum products ...

Tereshkin: Gas Prices in Europe Will Rise This Winter (Izvestia) Experts Predict Gas Prices in Europe Will Increase A new article by Sergey Tereshkin on the prospects for changes in gas prices in Europe has been published on the website. The article examines the ...

... Russian government plans to change the mechanism of compensation payments to oil companies for fuel supplies to the domestic market by separating them according to fuel types—gasoline and diesel. This will prevent a situation where an increase in the price of one type of fuel results in the cancellation of compensation for the other. The relevant bill has been developed by the Ministry of Finance. The government plans to change the rules for compensating oil companies from the budget for fuel supplies ...

... only for AI-95 but also for AI-92 and diesel fuel. This period lasted for about 2–3 months," the company's experts note. This year, the difference is that the issues are observed only with AI-95, which is related to fluctuations in wholesale prices and increased consumption. In the short term, within the next two to three weeks, a return to a positive margin is not expected, according to "OMT Consult." However, compared to last year, the situation in the retail fuel market "appears ...

On July 30, 2025, significant changes in the energy sector may impact both Russian and global energy markets. The ongoing rise in Brent crude oil prices, fueled by domestic factors causing export limitations, alongside substantial gas injections into the European Union, highlights the continuation of the energy crisis. These developments are expected to have a notable impact on the cost of petroleum ...