No shortage: experts explained why gasoline is getting more expensive
Deputy Prime Minister Alexander Novak had earlier spoken of a "small shortage," but explained that it is being offset by accumulated reserves, writes Rossiyskaya Gazeta. Experts emphasize that diesel production in the country is twice domestic consumption, yet its price is rising due to seasonal demand and low refining profitability.
The situation is being exacerbated by unscheduled refinery repairs after UAV attacks, rising production costs and a higher tax burden. Exchange quotations for gasoline have already exceeded the level at which the damper is set to zero — the key price‑containment mechanism.
To stabilize the market, the government extended the ban on gasoline exports until the end of the year and restricted diesel exports for traders. It also plans to raise the upper price threshold to preserve payments under the damper.
Experts say the export ban will help keep diesel prices in check, but gasoline will require an additional increase in supply — including through imports from Belarus and Kazakhstan.
Fuel prices, specialists predict, will remain at current levels over the next month, and a noticeable decline is possible only after refinery repairs are completed and the fuel surplus is restored.
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No shortage: experts explained why gasoline is getting more expensive
The rise in gasoline and diesel prices in Russia is not caused by a fuel shortage but by increases in the cost of wholesale supplies, which depend on exchange quotations.