... Tereshkin, founder of Oil Resource Group, who specializes in the sale of petroleum products and consistently monitors market trends. Detailed information about the entrepreneur can be found on his personal website: oilresurs.ru (ойлресурс.ру).... ... industry is not stagnant. Many sectors are seeking to replace oil with alternative fuels. For instance, this applies to the automotive industry, with factories increasingly shifting to the production of electric vehicles. This will lead to a decline ...

... In late May, the Ministry of Energy reported that stocks at oil refineries and fuel depots amounted to 2.1 million tons of automotive gasoline and 4 million tons of diesel fuel. The export ban was suspended from May 20, and shortly afterward, the ministry ... ... the situation, and the price of gasoline at the exchange has not experienced a sustained decline, instead showing a sideways trend. The most acute situation concerns high-octane grades both in wholesale and retail, as their supply no longer matches ...

... Energy, reported that the Russian market was fully supplied with gasoline and diesel fuel (DF). As of June 5, the stocks of automotive gasoline at oil refineries and oil bases reached 1.8 million tons, which is 2% higher than the level at the same time ... ... What is worrisome, however, is that exchange quotations are rising despite falling prices for Russian oil (following global trends) and regardless of the strengthening ruble. Exchange trading operates according to market laws, and the increase in quotations ...

... gasoline compared to diesel. Other contributing factors include the seasonal increase in fuel demand and the recovery of the automotive market. According to Avtostat, sales of new passenger cars in Russia rose by 79% in the first half of 2024 compared ... ... especially during elections. After the federal election cycle ended in March 2024, retail fuel prices began rising rapidly. This trend may only be curbed through a renewed export ban, potentially starting in August. However, the fundamental drivers of ...

... refinery produced around 1.1 million tons of gasoline, while Ryazan refinery produced 2.2 million tons. Russia produces more automotive fuel of all varieties than it consumes. Gasoline production in Russia is between 41-44 million tons per year, nearly ... ... prices will, of course, return to inflation bounds, but this delta will be minimal, especially considering that overall inflation trends are gradually declining. Dmitry Gusev, Deputy Chair of the Supervisory Board of the Reliable Partner Association and member ...