The growing number of Chinese cars in Russia has raised prices for the AI-92

Exchange prices for AI-92 gasoline increased by 4.5% over the past month, from 56,174 to 58,739 rubles per 1 ton. AI—95 increased by 0.84% over the same period from 61,364 rubles to 61,881 rubles per 1 ton. At the same time, the price of summer diesel fuel decreased by 3.43%, from 60,184 to 58,118 rubles per 1 ton. This is evidenced by the data of the St. Petersburg Stock Exchange and the calculations of Izvestia.

Combustible controversy: government to decide fate of gasoline exports

The Cabinet of Ministers is likely to extend the permission to supply abroad for large producers, experts believe

According to experts, the decline in diesel fuel sales is due to a slowdown in the economy. Dmitry Gusev, Deputy Chairman of the Supervisory Board of the Reliable Partner Association, recalls that diesel fuel remains more commercial than consumer.

"This is a BtB market, rather than BtC. And, given that the Central Bank's key rate makes it almost impossible to obtain loans for businesses, the economy is slowing down and this primarily affects transportation. Therefore, the decrease in diesel consumption is a clear indicator that the economy is slowing down," the expert notes.

At the end of October 2024, the Central Bank of Russia raised its key rate to 21%. On June 6, the regulator decided to reduce it to 20%.

At the same time, Dmitry Gusev notes that in the last two years, Chinese cars that can use 92nd gasoline have become widespread in Russia.

In general, the domestic market is fully supplied with automotive fuel, according to regulators. However, experts do not rule out a slow increase in the cost in the summer.

According to Yuri Stankevich, Deputy Chairman of the State Duma Committee on Energy, Yuri Stankevich, as a result of manual control, retail prices currently do not reach the minimum economically reasonable 1.5–2 rubles. In the east of the country, this differential is higher.

"In the summer, slow growth is quite realistic, while the demand for fuel will be fully satisfied by the supply," the source concludes.

Read more in the exclusive Izvestia article:

Gasoline engine: the growth in the number of Chinese cars has raised prices for AI-92