Russia introduces six-month ban on gasoline exports
According to the decision of the Russian government, from March 1 until the end of summer, the export of gasoline from Russia is prohibited. An exception is made for the EAEU countries.
gasoline prices
Russia cancels gasoline export ban
The Russian government made the decision to lift from November 17 the temporary ban on motor gasoline exports, introduced on September 21 as part of measures to stabilize the price situation on the domestic engine fuel market, the …
Gasoline prices’ rally continues in Russia
Prices for gasoline and diesel in the Russian Federation continue to rally, despite the measures implemented by the government to normalize the situation on the market
Kazakhstan to raise prices for motor fuel
The Ministry of Energy of Kazakhstan is preparing an order, according to which, the prices of gasoline and diesel fuel for cars will be increased in the country from April 12. Such measures will be taken due to the difference in prices in Kazakhstan and neighboring countries, Acting Minister of Energy of the Republic of Kazakhstan Bolat Akchulakov said.
Competition of Electric Vehicles and Fuel Production In 21st Century: opportunities and challenges
The oil and gas industry is very influential on the automotive sector. Globally, 99% or 1.4 billion cars that drive are conventional cars with internal combustion engines (ICE) that consume fuel. (Setiawan, 2021). However, along with the …
Gasoline prices record high in Russia
Territorial exchange indices of 92-octane (Regular) and 95-octane (Premium) gasoline blends were all-time high at Russia's St. Petersburg International Mercantile Exchange (SPIMEX) after the trading session, according to trading data. …
Russia’s gasoline prices not to drop despite slumping oil prices
Russia's gasoline prices will not drop after the oil price slide, but their increase is also unlikely, Deputy Finance Minister Alexei Sazanov said. "I do not think that the gasoline prices will fall but they …
Gasoline prices decline in Russia
Retail prices of the regular (Ai-92) and the premium (Ai-95) gasoline declined in a number of Russian regions last week, according to data provided by the Central Dispatching Department of Fuel Energy Complex. It was the first decline …
Peskov: Kremlin carefully monitoring situation with gasoline prices
The Russian President’s administration is carefully monitoring the situation with gasoline prices, but it is the Russian government, which is taking concrete measures to solve the problem, the Russian President’s spokesman …
Petrol goes up in Azerbaijan
The price of Azerbaijan-imported gasoline AI-95 (Premium) has risen up to AZN 1.25 and AI-98 (Super) up to AZN 1.50, abc.az reports. The State Oil Company of Azerbaijan (SOCAR) informs that the price growth is linked with increase of …
Draw in crude inventories lifts oil prices
EIA reported a 2.8-million-barrel draw in U.S. crude oil inventories
China seen moving swiftly to rein in oil blending frenzy
When the consumption tax takes effect, China's exports of gasoline are expected to drop
Oil prices rise with gasoline
Gasoline made some of its biggest daily gains of the summer as pipeline and refinery outages had traders surging into fuels, eventually pulling crude prices up, too, Wall Street Journal writes. Light, sweet crude for October …
Oil futures end sharply higher after big drop in gasoline inventories
Oil futures ended sharply higher Wednesday, taking back a chunk of this week’s hefty losses after an unexpectedly large drop in gasoline inventories.
Excise taxes on gasoline and diesel fuel increase in Russia
The Russian government has raised excise taxes on gasoline and diesel fuel from April 1st. Thus, the excise tax on gasoline of the 5th class increased from 7.53 thousand rubles to 10.13 thousand rubles per ton. The excise tax on other …
Bank of Russia predicts increase in gasoline prices of more than 10%
The price of gasoline in Russia will rise by 10.4% due to an increase of excise duty since January 1st of the current year of 1.5 rubles and a further increase in April of 2 rubles, a report of the Bank of Russia on the main directions of …
Gasoline price may rise 5% in Russia
Russia's Deputy Finance Minister Maxim Oreshkin said that under the scenario of $30 per barrel, the price of gasoline in Russia will grow by 5%, noting that the price growth will be smaller than inflation …
Alekperov: Price of gasoline in Russia will rise by a maximum of 10% in 2016
The head of LUKOIL, Vagit Alekperov, does not expect that this year's growth in gasoline prices in Russia will be more than 10%. "We believe that inflationary parameters can …
Dvorkovich: the gasoline price will grow due to inflation
Gasoline prices in Russia in 2016 will rise no higher than the rate of inflation, which, in turn, will be below10% for the year, Russian Deputy Prime Minister Arkady Dvorkovich said. …
Gasoline prices rise in Russia
Prices for Ai-92 gasoline rose to 33.95 rubles per ton on July 13-20, for Ai-95 by 2.5% to 36.79 rubles, for diesel fuel to 35.32 rubles. In general, Ai-92 gasoline rose by 0.2% to 32.26 rubles, AI-95 by 0.2% to 35.95 rubles in Russia, …
