... Sergei Tsivilev, the head of the ministry. Earlier, Deputy Prime Minister Alexander Novak had mentioned the possibility of lifting the export ban on AI-92 gasoline, but only on the condition that there was an oversupply of this grade at domestic oil refineries (ORs). The export ban on gasoline was introduced in Russia in March this year, primarily as a precautionary measure to curb potential fuel price increases—not just for gasoline but also for diesel fuel (DF). Most gasoline produced in Russia is intended for the ...

... that were previously exported monthly). At the same time, the provided subsidies support the profitability of supplies to gas stations domestically. Authorities have stated that they will act preemptively: if the situation requires, restrictions on the export of oil products will be extended again, and fuel from reserves will be swiftly directed to regions in need. Currently, the "fuel crisis" is being managed: despite extreme wholesale prices, retail prices at gas stations have increased by about 5% ...

... exports cannot solve the technological problems of refineries, and subsidies do not create market incentives for price restraint. Moreover, the industry has been caught in a vicious cycle for years: following a surge in prices, the regulator imposes export bans, and oil producers restrain retail fuel prices. In response, the Federal Anti-Monopoly Service (FAS) and the Ministry of Energy lift the restrictions on fuel exports, after which the cycle repeats. A way out via the exchange The problem is that it is impossible ...

... into September if necessary. Increased Monitoring and "Dampers." Market monitoring of fuel trading has been intensified, and the price "dampers" mechanism, which limits excess profits from fuel exports, is actively used. When the export alternative exceeds the baseline indicative level, payments to oil producers from the budget are reduced, decreasing the incentive to export fuel abroad. Mandatory Exchange Sales. There are considerations to raise the mandatory fuel sales regulations on the exchange (from the current 15% of production volume for ...

On August 5, 2025, news from the energy sector captured the attention of experts: U.S. President Donald Trump pressured India to increase its oil and gas purchases. Meanwhile, Russia decided to limit fuel exports, which could impact global markets. In this article, we will examine how these events are affecting the oil product market, the repercussions for the energy balance in the CIS and worldwide, as well as potential changes in the gas market in Europe....