Exchange prices for gasoline increased by more than 10% in a month.%

The cost of motor fuel has increased dramatically in the first month of summer. From May to June, prices for AI-92 and AI-95 increased by 4.8% and 0.84%, respectively, while from June to July prices increased by 11.47% and 16.66%. This is evidenced by data from the St. Petersburg Stock Exchange and calculations by Izvestia.

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

And experts saw evidence of a slowdown in the economy in the reduction in the cost of diesel

According to experts, seasonal growth in demand and repair schedules for refineries have an impact on the positive dynamics of stock prices for motor fuel. Ekaterina Kosareva, Managing Partner of VMT Consult, recalled that every year the plants undergo scheduled repairs in May and June. Accordingly, the volume of supply is decreasing.

According to her, due to the decline in world oil prices, the cost of motor fuel has also decreased. Oil companies began to receive noticeably less damping payments.

Sergey Tereshkin, CEO of Open Oil Market, agrees with his colleague. According to him, if in the first quarter of 2025, payments on the damper reached 405 billion rubles, then in the second quarter — 139.7 billion.

"The decrease in subsidies was caused by the fall in oil prices, which led to a decrease in the "external" prices for petroleum products, which are taken into account in the damper formula. The lower the amount of subsidies, the lower the marginality of oil refining. It is possible to recoup losses only by increasing stock prices, which happened in June and July 2025," he said.

Meanwhile, farmers are alarmed by rising prices for motor fuel. The Russian Grain Union said that the rise in fuel prices has been noticeable since the beginning of the harvest, which began in mid-June.

The Ministry of Energy sees no reason for concern. The press service of the department told Izvestia that the situation in the domestic fuel market remains controlled.

"The Ministry of Energy, the Federal Antimonopoly Service and oil companies are aware of the importance of price stability and are taking the necessary measures to maintain balance. The fuel market remains in surplus, and the demand for petroleum products is fully met. During the summer period, there is traditionally an increase in demand for fuel, which in a market economy affects the dynamics of wholesale prices," the press service of the department noted.

The ministry stressed that in order to further stabilize oil companies have reduced exports, redirecting fuel to the domestic market.

Read more in the exclusive Izvestia article:

Fuel balance: stock prices for gasoline jumped by more than 10%