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The budget payments to oil workers will be divided by fuel types.
... gasoline, the consumption period is the holiday season, from late spring to autumn. For DF, it's the period of active agricultural work, from late summer to November. As a result, the nullification of the damping mechanism, for example, due to rising gasoline prices, affected companies producing DF, leading to its price increase (since compensation is not paid) and vice versa. The government now aims to address this imbalance.
Dividing the payments by fuel types will help regulate the domestic market better....
Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
... taxes from the industry are paid based on the volumes of crude oil extracted, with its price determined in dollars and converted to rubles.
Therefore, without subsidies, oil companies cannot contain price increases. One of the reasons cited for rising gasoline prices is the reduction of damping payments this year.
According to Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace, the damping payments decreased by 58% in July 2025 compared to the same period in 2024 (down to 59.9 billion rubles). Oil ...
Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?
... refineries in the spring and summer. The ban was introduced on March 1 for six months, with the possibility of lifting the embargo, which occurred at the end of May due to the risk of reduced refining volumes. Despite the established rise in exchange prices, gasoline exports were allowed for another month in June — until July.
Thus, the current fuel market regulation model relies on three parameters, according to Sergey Tereshkin, CEO of the oil products and raw materials marketplace Open Oil Market....
Experts assessed the consequences of lifting the ban on gasoline exports
... increases—not just for gasoline but also for diesel fuel (DF). Most gasoline produced in Russia is intended for the domestic market, with no more than 15% allocated for export. The situation with DF differs, as up to half of its production is exported. While gasoline prices showed no significant increase in the spring, diesel prices were expected to rise during the sowing season, making the ban a largely preventive step.
Unsurprisingly, the ban was lifted at the end of May but reintroduced in August after both ...
The Russian government will extend the permit for gasoline exports for one month.
... trading companies mentioned that the decision on extending the export ban would depend on the "market situation." The Ministry of Energy plays a key role in assessing the risks based on current fuel stocks and price dynamics.
As of June 24, gasoline prices at the St. Petersburg International Mercantile Exchange (SPbMTSB) had risen by 29% since the beginning of the year to 52,525 rubles per ton for AI-92, and by 46% to 63,416 rubles per ton for AI-95. The price peak for these types of fuel occurred ...