Russian Oil Workers Urgently Summoned To The Government
8- 12.08.2025, 14:47
- 23,924
Successful work of the VSU drones.
The Russian government is preparing an urgent meeting with representatives of major oil companies in connection with the situation on the fuel market, where prices have soared by almost 50% since the beginning of the year.
The meeting with the participation of Deputy Prime Minister Alexander Novak, who is in charge of energy, will be held on Thursday, August 14, Interfax reports, citing sources familiar with the situation.
According to the agency's interlocutors, measures will be discussed to prevent retail gasoline prices from rising above the inflation rate. According to Rosstat, price tags at gas stations are now 11% higher than last year, while the overall consumer price index is growing by 8.2%.
Sources say the fuel sales rate may be raised at the exchange, where prices for Ai-95 gasoline have set historical records for five days in a row. A ton of Premium-95 cost 80154 rubles on Monday and 80206 rubles on Friday. Prices have risen by 7% since the beginning of August, by 32% since the beginning of summer, and by 47% since the beginning of the year.
Ai-92 gasoline has risen by 34% since the end of December, to 69390 rubles per ton - the highest level since the fall of 2023.
Gasoline is becoming more expensive because there are almost no stocks of the product on the independent market, an industry source told Kommersant. According to him, quotations are already at levels that generate independent gas stations a loss of several rubles per liter from the sale of gasoline purchased on the exchange.
In addition, incidents at refineries have become a key factor in the rise in quotations, says managing partner of trader Proleum Maksim Dyachenko. Since the beginning of August, five major oil refineries have been hit by drone raids, and three of them have completely or partially halted production.
August 2, the Novokuibyshevsk refinery stood up and about half of its capacity was shut down by the Ryazan refinery, Rosneft's largest refinery, which supplies fuel to the capital region. On August 9, the Saratov refinery, which was also damaged by a UAV raid, stopped receiving crude oil, recalls The Moscow Times.
The sources said that to cool down the fuel market, the authorities are considering radical measures up to directive exchange prices: if quotations grow by more than 10% since the beginning of the month, the starting price of the trading day will be rolled back to the level of the beginning of the month. FAS also proposed to oblige oil companies to sell 17% of gasoline on the exchange instead of the current 15%. However, at the previous meeting, on August 5, the government rejected this idea, a source told Kommersant.
The rise in quotations is caused, among other things, by the lack of safety margin in gasoline production, as the volume of output only slightly exceeds domestic demand, explains the managing partner of NEFT Research Sergei Frolov. Exactly how much fuel is produced in the country is not reliably known - the authorities closed the statistics last year. According to Reuters estimates, refining volumes in 2024 fell to 267 million - the minimum for the last 12 years.
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