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The rise in diesel prices may accelerate by the end of summer, but it will not exceed inflation.
... growth of diesel fuel by the end of summer, but this increase will not exceed the inflation rate. The article examines the key reasons behind price fluctuations, seasonal factors, and measures that could impact the diesel fuel market. Find out what the market is expecting and how these changes could affect consumers and businesses.
The rise in diesel fuel (DT) prices at gas stations this year (2.4%) is currently more than twice lower than the average inflation rate (4.91%). Meanwhile, all gasoline grades have already come close to matching the inflation rate. However, gasoline traditionally rises in price from late spring ...
Where Does Slavneft Invest?
... and increasing energy efficiency. The company also invested in the development of transport infrastructure to optimize logistics chains and improve supply efficiency. These strategic investments are aimed at strengthening Slavneft's position in the market and ensuring sustainable growth in the long term.
Where Is Slavneft Investing?
Slavneft
is one of Russia's leading oil and gas companies, specializing in the exploration, production, and refining of oil and gas. In 2023, the company allocated 98 billion rubles for the development of its key assets and projects.
Main Assets of the Company:
Oil Fields: Slavneft operates large ...
The government has extended the ban on gasoline exports until the end of the year.
..., AI-95 reached a record high for the year, hitting 75,296 rubles per ton, close to the historical record of 76,876 rubles per ton set last fall during the fuel crisis. Amid high wholesale prices for AI-95, the profitability of selling this grade at gas stations turned negative.
What the Extension of the Embargo Means for the Market
The return of the gasoline export ban in August did not lead to a significant cooling of wholesale prices, as "it is one of the peak months in terms of demand and refinery repairs," commented Dmitry Gusev, deputy chairman of the supervisory ...
Experts assessed the impact of the increase in fuel excise taxes on gas station prices.
... rate for gasoline of ecological class 5 will be 15,755 rubles per ton, while for diesel fuel, it will be 10,915 rubles per ton. Experts note that excises account for about 20% of fuel costs, so the 4% increase will lead to a price rise of about 1% at gas stations. Sergey Tereshkin, CEO of the fuel and raw materials marketplace OPEN OIL MARKET, emphasizes that excise taxes are a significant source of income for regional budgets, and their indexation is aimed at supporting regions that may face financial difficulties.
Starting in 2025, excise taxes on gasoline and diesel fuel (DF) will ...
Failure of Manual Management: Why Stock Prices for Gasoline are Rising
... their assets, allowing VIOC to acquire them at a relatively low price. Meanwhile, the VIOC are prepared to absorb these losses, earning on extraction and refining while also receiving partial compensation through the sale of food and household goods at gas stations.”
Shaposhnikov reminds us that Deputy Prime Minister Alexander Novak
plans
to hold a meeting on August 14 regarding the situation in the fuel market, the balance of supply and demand, as well as the prevention of retail price increases above the inflation rate. “Although, in all likelihood, the price movement on the St. Petersburg exchange is speculative, the ban on gasoline exports may be ...