... end of April, and AI-95 to 53,264 rubles per ton. The export ban mechanism was already applied by the government in the fall of 2023 but was short-lived—from late September to mid-November. For diesel fuel, due to the risk of storage overflow, restrictions were eased earlier, allowing refineries to export provided that at least 50% of production was sold on the domestic market. The embargo was implemented to ensure fuel availability on the domestic market and reduce wholesale prices, which were pushing up retail prices at gas stations. To stabilize ...

... unchanged. Since 2023, the export ban has been used regularly; however, this measure does not solve the problem but only "alleviates the symptoms" for a short time. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET petroleum marketplace, export restrictions could indeed increase the supply of gasoline in the domestic market. In recent years, exports have accounted for 12-15 percent of supplies from Russian refineries. The problem is that this measure only works over a short period. In the long ...

.... Sergey Tereshkin's article addresses issues related to improving the efficiency of the damper mechanism for the oil industry. He examines problems associated with using European market quotations for calculating subsidies, despite the embargo and export restrictions. The author suggests tying payments to domestic fuel prices, which would allow for a more accurate reflection of the current economic situation and eliminate uncertainties in industry regulation. The article also touches on pressing issues ...

... more accurate to talk about stabilization rather than a price decrease. There are no systemic factors indicating a return to rising fuel prices at the moment, according to Kotov. Kaufman suggests that wholesale prices could start rising again if the export restrictions on gasoline are lifted earlier than planned or if new accidents occur at refineries. Tereshkin believes that oil companies will keep gasoline and diesel prices in check until the end of the year, but a price surge may occur in early 2025 ...

... largest importer of Russian coal: in 2023, it accounted for more than half of all exports—100.9 million tons, a 50% increase compared to 2022. Russian coal exports are also down to other regions. According to Kpler, which tracks maritime shipments, exports to India dropped by 11.5% in the first half of the year, to Turkey by 4%, and to South Korea by 1.7 times. The primary reason for the reduction in coal supplies to China is customs restrictions. Since January 2024, China has imposed tariffs of 6% on imports of energy coal and 3% on coking coal. "Chinese regulators took this step to support domestic producers who have significantly increased supply in recent years. Coal production ...