01.07.2025, 17:44
Ministry of Energy: Fuel reserves are enough to meet demand in Russia
Source: OREANDA-NEWS
OREANDA-NEWS Russia's accumulated fuel reserves are sufficient to meet all the needs of the domestic market, including demand from domestic farmers. The absence of risks of shortage of gasoline and diesel fuel in the country is reported by TASS with reference to the statement of the Ministry of Energy (Ministry of Energy) of the Russian Federation.
The accumulated reserves, the ministry stressed, will be enough to meet the needs of all sectors of the Russian economy, including agriculture. In general, the fuel situation in the country is currently stable. "Currently, a surplus balance has been formed," the Ministry of Energy summed up.
The press service of the ministry recalled that currently there are restrictions on the export of gasoline for non-producers in the country. This measure helps to stabilize the situation with fuel prices in the domestic market and allows filling the stock exchange with additional volumes, which helps to saturate the supply. Agricultural producers can count on continued fuel supplies at fixed prices. This measure applies to long-term contracts, concluded in the Ministry of Energy.
Despite the measures taken by the government to stabilize prices on the domestic market, in the first month of summer alone, the cost of gasoline of the main brands — Ai-92 and Ai-95 — rose by an average of 12 percent during trading on the St. Petersburg Stock Exchange. Fuel of the first brand increased in price by 11.9 percent, to 63,952 rubles per ton, Ai-95 — by 12.2 percent, to 68,124 rubles. At the same time, during the auction on Tuesday, July 1, the cost of the Ai-95 updated its maximum since the beginning of 2025 and reached 68,956 rubles, while prices for the Ai-92 exceeded 64 thousand rubles.
Analysts attribute the current increase in fuel prices in Russia to the unplanned extension of the repair time for refineries, as well as the traditional summer increase in demand. Regular attacks by the Ukrainian Armed Forces using drones pose an additional threat to the market. Against the background of rising wholesale prices, the Russian authorities have considered a complete ban on gasoline exports until the end of October. Currently, large oil companies with their own production facilities have the right to supply fuel abroad.
The accumulated reserves, the ministry stressed, will be enough to meet the needs of all sectors of the Russian economy, including agriculture. In general, the fuel situation in the country is currently stable. "Currently, a surplus balance has been formed," the Ministry of Energy summed up.
The press service of the ministry recalled that currently there are restrictions on the export of gasoline for non-producers in the country. This measure helps to stabilize the situation with fuel prices in the domestic market and allows filling the stock exchange with additional volumes, which helps to saturate the supply. Agricultural producers can count on continued fuel supplies at fixed prices. This measure applies to long-term contracts, concluded in the Ministry of Energy.
Despite the measures taken by the government to stabilize prices on the domestic market, in the first month of summer alone, the cost of gasoline of the main brands — Ai-92 and Ai-95 — rose by an average of 12 percent during trading on the St. Petersburg Stock Exchange. Fuel of the first brand increased in price by 11.9 percent, to 63,952 rubles per ton, Ai-95 — by 12.2 percent, to 68,124 rubles. At the same time, during the auction on Tuesday, July 1, the cost of the Ai-95 updated its maximum since the beginning of 2025 and reached 68,956 rubles, while prices for the Ai-92 exceeded 64 thousand rubles.
Analysts attribute the current increase in fuel prices in Russia to the unplanned extension of the repair time for refineries, as well as the traditional summer increase in demand. Regular attacks by the Ukrainian Armed Forces using drones pose an additional threat to the market. Against the background of rising wholesale prices, the Russian authorities have considered a complete ban on gasoline exports until the end of October. Currently, large oil companies with their own production facilities have the right to supply fuel abroad.
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