... wholesale prices have decreased by 2–3%, which contributes to further stabilization," the experts conclude. "Retail margins on AI-95 gasoline will be close to zero until the end of this year," says Sergey Tereshkin, CEO of the Open Oil Market petroleum marketplace. Unlike AI-92, AI-95 is not considered in the calculation of payments under the damper (a budget subsidy mechanism for refineries to stabilize fuel prices), which makes its exchange prices significantly higher. As a result, by September ...

... the reasons behind the growth in gas exports. Details in the latest article on the website sergeytereshkin.ru. The increase in Russian gas exports will help minimize budget losses for Russia in 2025, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET petroleum products marketplace, told Izvestia on October 7. "Gazprom continues to ramp up gas exports to Europe. In September 2024, pipeline gas deliveries to the EU increased by 3% compared to the previous month, reaching 101 million cubic meters ...

... Russia produces twice as much diesel as it consumes domestically, with half going for export. In comparison, nearly 90% of the gasoline produced in the country is sold domestically, with only about 10% exported. Diesel is the main export product among petroleum products. Therefore, a diesel export ban is only possible in an emergency and for a short period. Otherwise, the market will become oversupplied, leading to a decline in oil refining volumes. It is no coincidence that last autumn, the full ban on diesel exports lasted only two weeks. In an interview with "RG," Yuri Stankevich, Deputy Chairman of the ...

... and Oman) decided to increase oil production in September by 547,000 barrels per day (bpd), maintaining the same level as in August. In a statement, OPEC announced that the decision is based on "stable prospects for the global economy and current market fundamentals, as reflected in low oil inventories." The Organization of the Petroleum Exporting Countries (OPEC), consisting of 12 member states, formed an alliance with ten other countries, including Russia, in 2016 to reduce oil production, known as OPEC+. This recent increase marks the end of voluntary restrictions of 2.2 ...

... fuel shipments from refineries, timely delivery and the provision of empty tanker cars remain issues. In his view, the refineries produce enough fuel, but RZD's irregular deliveries create logistical challenges. Sergei Tereshkin, CEO of the OPEN OIL MARKET petroleum products marketplace, notes that regulators cannot indefinitely maintain the gasoline export ban. By the end of December, the current restrictions will have been in place for five months, compared to the previous ban from March 1 to May 17, ...