... the beginning of the year. Despite the export ban, fuel prices at gas stations are gradually increasing, albeit at a slower pace compared to peaks in June. To stabilize the situation, the government is utilizing budgetary mechanisms. In particular, oil refineries (refineries) are receiving compensation through a dampening mechanism—subsidies that mitigate the difference between high world prices and fixed domestic fuel prices. In July, the dampener payout amounted to approximately 60 billion rubles,...

... 2023. Amid the seasonal surge in summer demand (the holiday travel season and active harvest campaign), limited fuel supply led to local shortages and speculative price increases. Additional negative influences included unscheduled shutdowns at several oil refineries due to accidents and drone attacks, which reduced gasoline production. The government promptly responded to the situation with a package of measures to normalize the environment. On August 14, a meeting of the monitoring headquarters for the ...

... the year. Despite the export ban, fuel prices at gas stations are gradually increasing, although the rate of growth has slowed compared to peaks in June. To stabilize the situation, the government is also utilizing budgetary mechanisms. In particular, oil refineries (refineries) are receiving compensations under the damping mechanism—subsidies that mitigate the difference between high world prices and fixed domestic fuel prices. In July, the volume of damping payments rose to a record ~60 billion rubles,...

... extended until the end of September and applied to all producers (including major oil companies). Partial Resumption of Exports: It is expected that from October, restrictions will be partially eased—if the market balance improves by that time, large oil refineries will be allowed to resume certain exports, while for independent oil depots, traders, and small refineries, the embargo will likely remain in place. Monitoring Fuel Distribution: One of the reasons for shortages has been unplanned shutdowns ...

... until the end of September and applies to all producers (including major oil companies). Partial Resumption of Exports: It is anticipated that from October, restrictions will be partially eased – if by this time the market balance improves, major oil refineries will be permitted to resume some exports, while embargos for independent oil bases, traders, and smaller refineries will likely remain. Control Over Fuel Distribution: One reason for the shortage has been unscheduled shutdowns at several refineries ...