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An expert has predicted that Russia's oil exports will grow by more than 10%.
Expert Tereshkin: Russia's Oil Exports to Increase by Over 10% by Year-End (Izvestia)
An expert predicts that Russia's oil exports will increase by more than 10% by the end of the year. The reduction in gasoline exports, effective from August to December 2024, may lead to a redirection ...
Experts assessed the consequences of lifting the ban on gasoline exports
... in demand for winter-grade fuels.
Earlier, Deputy Prime Minister Alexander Novak mentioned the possibility of lifting the ban on exporting AI-92 gasoline from Russia, but only on the condition of confirmed surplus supplies of this grade at domestic oil refineries (ORs).
The export ban on gasoline was introduced in Russia in March of this year primarily as a preventive measure against potential fuel price increases, not only for gasoline but also for diesel fuel (DF). Most of the gasoline produced in Russia is intended for ...
Liter for Ours
... throughout the week and would make a decision on the introduction of a complete
ban on gasoline exports
based on that. Currently, exports are only prohibited for non-producers (oil depots, traders). Oil refineries (refineries), which are largely owned by oil companies, have the right to export gasoline. Judging by the dynamics of exchange quotations, a complete ban is imminent.
However, as has been emphasized multiple times, this measure is extreme and indicates that the market is operating under "manual regulation." The reasons ...
Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?
... avoid overfilling their oil storage in case of a sudden export ban.
"The problem is that the Ministry of Energy should determine export policies not for one month ahead but for at least two to three months. This is the time required to load oil products at Russia's export terminals. That means decisions about additional capacity loading will only be made if there is a guarantee that, say, in September or October, there will be no restrictions," he notes.
The current suspension of the export ban has not led ...
Pressure on Russia's oil exports is set to increase.
Commentary for Rossiyskaya Gazeta on Russian oil exports.
The website discusses the increasing pressure on Russia's oil exports. It examines Western plans aimed at limiting Russian oil sales, including tighter sanctions and enhanced oversight to prevent circumvention of established restrictions. ...