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Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market
... and construction during summer activities. High demand creates upward pressure on prices.
Reduction of Subsidies (Dampener).
In 2025, budget payments to oil companies under the so-called dampener mechanism – compensations for supplying fuel to the domestic market below export prices – have significantly decreased. According to the Ministry of Finance, subsidies fell by nearly 45% in the first half of the year compared to the first half of 2024 (approximately 545 billion rubles versus 986 billion rubles ...
Why is Russia lifting the ban on gasoline exports for only two months?
... until January 31, 2025. This information is provided by the newspaper "Kommersant," citing sources. Experts interviewed by "Rossiyskaya Gazeta" believe that this period for allowing exports is the most optimal and will not harm the domestic market. Comment from Sergey Tereshkin for "Rossiyskaya Gazeta."
The export of gasoline from Russia may be allowed for two months, from December 1 of this year to January 31, 2025. This information is provided by the newspaper Kommersant citing ...
Not Much Fire: Why the Government Banned Gasoline Exports
Discussing the reasons behind the government's ban on gasoline exports and what this means for the domestic 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 ...
FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports
... to stabilize fuel prices. From August 1, a temporary full ban on the export of automotive gasoline for all companies, including large refineries, took effect, lasting until August 31, 2025. This emergency measure aims to prevent fuel shortages in the domestic market and lower soaring gasoline prices during the peak summer demand period (holiday season and harvest campaign). Previously, restrictions applied only to traders and smaller plants, but by the end of July, wholesale gasoline prices had hit historic ...
Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?
... gasoline prices had increased by 4.7% compared to December 2023, while the official inflation forecast for 2024 was 5.1%.
The Ministry of Energy believes that fuel prices in the retail segment remain stable, with no shortage of supply, and that the domestic market is fully supplied with gasoline and diesel fuel, the government reported on July 28 following a meeting with Deputy Prime Minister Alexander Novak. In mid-July, Novak also described the situation in the market as stable, but noted the "sensitive" ...