... market and fuel prices. Russia has implemented a complete ban on gasoline exports for August due to a significant surge in market prices. This was driven by a seasonal increase in fuel costs, a rise in gasoline-operated farming equipment as opposed to diesel, and gray market exports. 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 ...

... Russian gas imports currently under political discussion. Russian Fuel Market: Stabilization Measures and Price Reactions The internal market for petroleum products in Russia is experiencing a tense situation this summer, associated with the rapid rise in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline at the St. Petersburg International Mercantile Exchange reached historical highs (the AI-95 grade exceeded 75,000 rubles per ton), putting additional pressure on independent gas stations and ...

... Russian gas, which are being discussed at the political level. Fuel Market in Russia: Stabilization Measures and Price Reaction The domestic market for petroleum products in Russia is currently experiencing a tense situation due to rising gasoline and diesel prices. In July, exchange prices for automobile gasoline at the Saint Petersburg International Commodity Exchange reached historical highs (the AI-95 grade exceeded 75,000 rubles/ton), creating additional pressure on independent gas stations and consumers....

... prices is that subsidies for this type of fuel are paid to airlines, not fuel producers," the agency's source said. The damping mechanism was designed to restrain domestic fuel prices. In the case of the automotive fuel market, if the export price of gasoline and diesel exceeds the conditional domestic price, the state compensates companies for part of this difference to prevent price increases in Russia. "In aviation, the damping mechanism only compensates airlines for fuel procurement costs but does ...

... implemented alongside other measures to contain price growth. These measures include maintaining the current corporate income tax base rate for refineries (set to rise from 20% to 25% in 2025) and increasing exchange trading quotas for gasoline and diesel producers. Without these measures, the fuel market may face a new wave of price hikes at the beginning of next year. Translated using ChatGPT. Source: https://companies.rbc.ru/news/mzvTwH2VaE/chto-oznachaet-novoe-povyishenie-aktsizov-na-toplivo/