... compensation subsidies. The so-called "10-20 rule," enshrined in the Tax Code, deprives oil companies of subsidies if the average monthly exchange price for AI-92 gasoline exceeds the "notional" price set in the code by 10%, or if diesel prices exceed it by 20%. Accordingly, the price ceiling for AI-92 gasoline is 64,515 rubles per ton, and for diesel, 66,000 rubles per ton. As of July 17, 2024, the exchange price for AI-92 gasoline was 57,096 rubles per ton, while diesel stood at 60,...

... primarily affects the mass segment, which is particularly sensitive for ordinary consumers and businesses. Factors Driving Fuel Price Increases The rise in petroleum prices is caused by several factors. Key influences on the increase in gasoline and diesel prices this year include: Seasonal Demand. The summer months are traditionally a period of peak fuel consumption. The vacation season and active automotive mobility lead to increased gasoline demand. Additionally, diesel consumption increases in agriculture ...

... to 15,755 rubles per ton by 2025, compared to 5,530 rubles in 2015. Currently, 74.9% of excise revenues go to regional budgets and 25.1% to the federal budget. Adjusting the federal share could provide room for reform. Alternatively, restricting diesel exports may temporarily curb gasoline price hikes. However, Gusev warns this approach could harm the oil refining sector by reducing diesel production, which far exceeds domestic consumption. Instead, he advocates increasing AI-95 production and revising exchange trading regulations. Tereshkin ...

... enforced in March 2024, aimed to prevent fuel price hikes. Experts argue that as demand drops, exports can resume, monitored by the government. Sergey Tereshkin, CEO of Open Oil Market, adds that delays in export removal could harm pricing incentives. Diesel fuel prices remain stable despite seasonal pressures on winter grades. Earlier, Vice Prime Minister Alexander Novak mentioned the potential removal of the AI-92 gasoline export ban, provided there is confirmation of ample supply at domestic refineries. The ...

... goods, as the price of automotive logistics is included in the final price of both food and industrial products. Starting from January 1, 2025, the excise tax on class 5 gasoline will increase by 14% (to 17,088 rubles per ton), and the excise tax on diesel fuel will rise by 16% (to 12,120 rubles per ton). This significantly exceeds the overall rate of consumer price growth: according to Rosstat, by December 23, 2024, inflation for the year had reached 9.5%. The most common gasoline grades, AI-92 and AI-95, slightly exceeded the average inflation rate, increasing by 9.7% and 9.8%, respectively. Premium gasoline ...