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Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market
... remain uncertain: experts consider both potential decreases and further increases. In this article, we will examine the key reasons for the rise in gas prices, analyze the current situation, and discuss the prospects of the fuel market in Russia.
Gasoline Prices Outpace Inflation: Causes of Growth and Prospects for the Fuel Market
At the beginning of August, retail gasoline prices reached new heights, rising faster than overall inflation. In Moscow, the average price for AI-92 gasoline exceeded
58.9 rubles
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Not Much Fire: Why the Government Banned Gasoline Exports
... 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 ...
Wholesale prices for gasoline in Russia have started to decrease.
... lowest level in a month. The price reduction is linked to a seasonal decline in demand, the completion of repairs at oil refineries, and the ongoing ban on gasoline exports. Experts predict that this trend will continue in the coming months.
Wholesale gasoline prices in Russia began to decline in October, according to data from trading on the St. Petersburg International Mercantile Exchange (SPIMEX).
The price of 1 ton of AI-92 gasoline in the European part of Russia (the most liquid exchange index) fell ...
The lifting of the ban on gasoline exports will not lead to an increase in gas station prices.
... rise, including in retail, where prices have already continued to grow at the end of the year, despite the traditional pattern of declining prices after the peak demand period.
According to the Moscow Fuel Association (MTA), in the last two weeks, gasoline prices at gas stations have accelerated their rise. Between November 11 and 17, they increased by 17 and 18 kopecks for AI-92 and AI-95, respectively. Fresh data from Rosstat will be available on November 20, but so far, it has not recorded a decrease ...
The export ban has slowed the growth of exchange prices for gasoline.
Commentary for "Rossiyskaya Gazeta".
The article “The Export Ban Slowed the Growth of Exchange Gasoline Prices” discusses the impact of the August 2024 ban on gasoline exports on the Russian fuel market. Despite the export restrictions, exchange prices for gasoline remain close to annual highs. The price increase is particularly notable for AI-95 gasoline,...