... winter diesel is not included in the conditions for subsidy payments. These payments compensate part of the difference between the indicative price set by the government and the export price of fuel. The subsidy is paid to oil companies for wholesale fuel deliveries to the domestic market, with a deviation from the indicative price of no more than 10% for gasoline and no more than 20% for diesel. For gasoline, only the AI-92 price is considered, and for diesel, the summer grade. Energy expert Kirill ...

... Zour in Kuwait (615,000 bpd), and Duqm in Oman (230,000 bpd), with a combined capacity of 1.8 million bpd. If even one-third of their output is diesel, global supply could rise by 600,000 bpd, with these facilities enjoying logistical advantages for deliveries to India and Brazil. Environmental Regulations and Alternative Fuels Stricter environmental regulations also pose risks for diesel demand, notes Sergey Tereshkin, CEO of the OPEN OIL MARKET platform. Since 2020, the sulfur content in marine fuel used in international shipping has been capped at 0.5%, while in coastal ...

Despite record-high exchange prices for gasoline, fuel prices at gas stations remain relatively stable. Let’s explore why retail prices don't follow market fluctuations and what factors influence the final cost of fuel. Exchange prices for gasoline have been hitting record highs daily since the beginning ...

... electricity supply increased from 51% in 2010 to 71% in 2024 and will continue to grow, regardless of the availability of fossil fuels.” ( Source: Izvestia ) Experts warn that this year, Europe will need to import significantly more LNG than last year,... ... winter's levels. For now, LNG supplies are meeting the EU's needs: the U.S. is breaking its own export records – in July, gas deliveries to American LNG plants exceeded 450 million m 3 per day. Total LNG imports into Europe at the beginning of July stood ...

... barrel, above the psychologically important mark of $72). The American WTI is hovering around $69–70. Price increases are fueled by several factors: U.S.-EU trade thaw. The establishment of a framework agreement between Washington and Brussels prevented ... ... Simultaneously, sunny weather ensures record solar energy generation, keeping gas demand in check during peak load hours. Stable deliveries of liquefied natural gas (LNG), along with relatively weak industrial demand, maintain market balance. Overall, European ...