... should be maintaining control over Russian Railways (RZD). Even with sufficient production volumes and stable 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, 2024, which lasted only two and a half months....

... stabilization. Oil prices remain high, with Brent holding steady around $73 per barrel (the highest since late June) amid ongoing geopolitical risks and strong seasonal demand. The European gas market remains relatively calm due to record replenishment of fuel stocks in underground storage ahead of winter. At the same time, regulators and market participants are taking measures to maintain balance: as of August 1, the OPEC+ alliance has initiated a planned increase in oil production to avoid supply shortages, while the U.S. Federal Reserve’s decision to keep interest rates ...

... prices on the exchange and at retail. Most likely, in the short term, this measure will have the necessary effect; otherwise, regulators will extend the ban for a longer period." Ivanov from "Alliance Trax" also notes that during the summer,... ... significantly increased in recent years," he notes. "Farmers use gasoline not only for cars and motorblocks but also to fuel gasoline generators, pumping stations, and other machinery necessary for their activities. Gasoline has become a fully-fledged ...

... to regulatory approval procedures. In mid-June, the Ministry of Energy's press service confirmed to Vedomosti that the draft regulation must be approved by the Ministry of Finance, the Ministry of Economic Development, and the Federal Customs Service.... ... CEO of Open Oil Market, the diesel export ban discussion is primarily due to the fact that the price increase for this type of fuel has exceeded overall inflation. According to Rosstat data, the annual price increase for diesel by May 2024 was 11.6%, while ...

... government retains the option to reinstate the ban if prices rise. Gusev emphasizes that lifting the export ban should require continued oversight of Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December. For comparison, the previous ban, set on March 1, 2024, lasted only two and a half months, from March 1 to May 17. The purpose of the ban ...