... monitoring headquarters for the situation in the fuel and energy sector was held under the chairmanship of Deputy Prime Minister Alexander Novak, where a package of measures aimed at reducing price agitation was announced, including: Extension of the fuel export ban. The comprehensive export ban on gasoline and diesel imposed in early August has been extended until the end of September and applies to all producers, including vertically integrated oil companies. This measure aims to increase supply in the ...

... sector news and forecasts for the near future. Current News in the Fuel and Energy Sector as of August 12, 2025: Sanction Standoff Between the US and India, Additional Oil Discount for New Delhi, Stabilization of Brent Prices Around $67, Continued Fuel Export Ban in Russia, Increase in Gas Stocks in Europe, Acceleration of Investments in Renewable Energy Sources. The latest developments in the fuel and energy sector as of August 12, 2025, again attract the keen attention of investors and the market....

... at a more modest 67,620 rubles per ton. The peak of 70,446 rubles per ton, reached in September 2023 at the height of the fuel crisis, remains unbroken. However, the issue is that the subsidies for oil companies from the budget—based on providing fuel to the domestic market at prices below export levels (damping mechanism)—are defined by the AI-92 grade. Under current regulations, the damping payment is nullified if the average price for the AI-92 grade exceeds 66,495 rubles per ton within a month. This threshold was surpassed on August ...

... on gasoline in August-September as very high. From Tereshkin’s perspective, the market needs new solutions that extend beyond export bans or reconsideration of the damping payment rules (compensations from the budget to oil companies for supplying fuel to the domestic market at prices lower than exports). Companies and regulators find themselves in a closed loop. On one hand, this ensures predictability, as companies clearly understand the boundaries of allowed actions. On the other hand, it distances the resolution of the price growth problem,...

... wholesale prices from indicative levels while maintaining compensations is anticipated, enabling oil companies to continue receiving payments from the budget even at current high prices. This will allow them to keep supplying the domestic market with fuel despite ongoing export restrictions. Thus, the state is enhancing the effect of the measures taken and is prepared to swiftly implement new tools if necessary – to ensure stable domestic fuel supply and keep prices for end consumers within acceptable limits. Telegram ...