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An expert predicted the dynamics of gasoline prices in Russia until the end of 2024.
... prices, which in turn affect retail fuel prices," Tereshkin explained.
For the gasoline segment, the decisive factor is the outpacing price dynamics of the AI-98 grade, says the CEO of "Open Oil Market." While the prices for AI-92 and AI-95 gasoline have risen by 7% since the beginning of the year, the AI-98 grade has increased by 17%.
Since March 1, Russia has enforced a ban on gasoline exports abroad, with the exception of EAEU countries. The ban was temporarily lifted in late ...
Gasoline prices are still rising at gas stations, but they are already decreasing on the exchange.
... in Russia has risen by 3.72 rubles, or 7.2%, compared to an inflation rate of 5.34% over the same period.
On the stock exchange, however, the opposite trend is observed. Gasoline quotes have been declining since the end of last week. The price of AI-95 dropped by 5.5%, while AI-92 decreased by almost 10%. However, retail fuel prices in Russia tend to respond only to prolonged and significant upward or downward movements in exchange quotes. Therefore, it is unlikely that retail prices will start ...
Why are gasoline and diesel prices rising in the fall of 2024
... level for most of the month. Therefore, the current price increase is not anomalous.
The price increase for AI-98 gasoline is ahead of the others. While prices for AI-92 gasoline have risen by an average of 7.2% since the beginning of the year, and AI-95 gasoline by 7.6%, AI-98 gasoline has seen a 17.5% increase. However, Rosstat is unlikely to exclude AI-98 from its calculation of the overall price index.
This year's periodic fuel price hikes are of a different nature than last year's. For example,...
700% Inflation in Russia: How Prices and the Ruble Exchange Rate Have Changed Since 2001
... for basic food items.
How Have Prices for Food and Essential Goods Changed?
Product
Price in 2001 (rub.)
Price in 2024 (rub.)
Growth
Eggs (dozen)
19
117
6.2 times
Chicken meat (1 kg)
57
227
4 times
Butter (200 g)
14
244
17.4 times
Gasoline AI-95 (1 liter)
9
61
6.7 times
The sharp increase in prices for essential goods can be attributed not only to inflation but also to tax burdens, changes in production and transportation costs, as well as the weakening of the ruble.
What Factors Have ...
Gasoline Stock Market Price Sets New Records
... 71,970 rubles per ton, and 95-octane gasoline has reached 81,337 rubles per ton. In several gas stations in Crimea, as noted by the head of the republic, Sergey Aksyonov, “there are disruptions with certain types of fuel.” This primarily concerns AI-95 gasoline. According to him, the problem has arisen due to a reduction in production volumes and logistical issues.
— Reports regarding fuel-related issues have periodically emerged from various regions. The work with the regions involves understanding ...