... International Mercantile Exchange, the price of AI-92 gasoline in the European part of the country fell to 59,356 rubles per ton, the lowest level in a month. The price reduction is linked to a seasonal decline in demand, the completion of repairs at oil refineries, and the ongoing ban on gasoline exports. Experts predict that this trend will continue in the coming months. Wholesale gasoline prices in Russia began to decline in October, according to data from trading on the St. Petersburg International ...

... some developing countries (Pakistan, Bangladesh, several African states), high prices for imported fuel create tension – authorities are forced to subsidize gasoline for the public to avoid social discontent. Meanwhile, in the Middle East and India, oil refining is achieving records: local refineries, oriented towards exporting diesel and jet fuel, are operating at full capacity, saturating the global market with products. On the flip side, structural changes in the industry – for instance, the closure of several outdated refineries in ...

... Bangladesh, several African states) are facing difficulties due to the high cost of imported fuel – many developing economies are forced to subsidize gasoline prices to avoid social unrest. Meanwhile, in the Middle East and India, record levels of oil refining at refineries oriented towards exporting diesel and jet fuel are helping to saturate the global market. On the other hand, structural changes – such as the closure of several old refineries in Western Europe and the US (for example, the planned conservation ...

... producers, including vertically integrated oil companies. This measure aims to increase domestic market supply from volumes that were previously exported. Partial Resumption of Exports in October. It is planned that if the situation stabilizes, the largest oil refineries will be allowed to partially resume exports starting in October; however, for independent tank farms, traders, and small refineries, the export embargo will likely remain until the situation normalizes. Strengthened Fuel Distribution Control....

... Forbes investigates how the government is manually attempting to manage gasoline prices. The government has prohibited gasoline exports from August 1 to 31, extending this ban to major producers, although previously it only applied to traders and smaller oil refineries (OR). "The decision was made to maintain a stable situation in the domestic fuel market during the period of high seasonal demand and agricultural fieldwork," states a government decree . Prices Increased by 36% The price of AI-92 ...