... stabilize the situation, including extending the export ban. However, Sergey Tereshkin, CEO of Open Oil Market, believes the problem can only be solved by significantly increasing the quotas for gasoline sales through exchanges. Four Factors Driving Price Increases The main reason for rising gasoline prices is the reduction in fuel production. According to the latest available data from Rosstat, production of motor gasoline in Russia decreased by 18% during the week of May 13–19, 2024, compared to February ...

... and plan their purchases accordingly. Impact of Inventory Growth on Oil Prices and Investor Strategies Price Stability Amid Increased Supply For oil buyers, the rise in inventories and increased supply may stabilize market prices. The reduced risk of price increases allows companies consuming oil and petroleum products to budget more accurately and manage costs. Investors should also consider that high inventories could limit oil price growth, potentially reducing the returns on investments in oil-related ...

... and the FAS, which are striving to prevent them from exceeding inflation. However, this is more of a guideline than a firmly established rule. Last year, gasoline prices in retail rose above inflation. Experts' opinions on the prospects of gasoline price increases at gas stations this summer vary. According to Dmitry Gusev, Deputy Chairman of the Supervisory Board of the "Reliable Partner" association and member of the expert council for the "Gas Stations of Russia" competition, there ...

... are expected to rise the most, according to experts surveyed by "Russian Gazette." In 2025, fuel prices at gas stations will continue to rise, but this growth is unlikely to exceed the overall inflation rate in the country. The strongest price increases will be seen in high-octane gasoline grades such as AI-95, AI-98, and higher, according to experts interviewed by the "Russian Newspaper." According to Alexander Kotov, head of consulting at NEFT Research, an increase in fuel prices ...

... surpluses at storage facilities, especially in regions where seasonal demand is lower. The government is already discussing mechanisms to compensate oil refiners for part of the lost income through a damping mechanism or direct subsidies to curb wholesale price increases. So far, the impact of these measures has been slight: retail prices for both gasoline and diesel fuel continued to rise across the country even after the export ban was imposed, although growth rates have slowed. This indicates structural problems ...