There is no more gasoline on the stock exchange: the price is rising

The wholesale price of gasoline and diesel fuel continues to rise. After the mass attacks of the Ukrainian Armed Forces on Russian refineries, there is no more fuel on the stock exchange. At the same time, supply disruptions so far concern logistics, which is also being attacked by the Ukrainian Armed Forces.

Wholesale price of Ai-92 gasoline on The St. Petersburg Stock Exchange rose to 67,443 rubles per ton. And Ai-95 — up to 74,945 rubles. While diesel fell a little during the day, but remained at the level of 66,167 rubles per ton.

AI-92 quotes exceeded the highs of this year in March, but remain lower than in October, when the price rose to 74,218 rubles.

Obviously, the price is affected by unscheduled repairs at Russian refineries after massive attacks by Ukrainian drones.

So, over the past six days of trading, sales volumes on the stock exchange did not exceed 30 thousand tons per day. Although two weeks ago they were above 40 thousand tons.

Some regions, including Crimea and Kaliningrad, are already facing supply disruptions. However, they do not seem to be related to attacks on refineries, but occur due to logistics.

For Sevastopol, fuel supplies have already become a problem, and in Crimea is noticeable. Limits of 20 liters have been introduced. Obviously, this is due to attacks by APU drones on fuel trucks that go to the peninsula by land through new regions.

The problem of the peninsula is that vertically integrated Russian oil companies are not represented in Crimea, and local gas stations belong to independent networks that buy fuel on the stock exchange and depend on it.

"The owners of the refinery will first of all provide their networks, and through the exchange they will sell only the minimum that the state requires of them," Igor Yushkov, a leading analyst at FNEB and an expert at the Financial University under the Government of Russia, told EADaily.

He noted that the problem of providing gasoline is that only 10% is exported, and the rest is consumed on the domestic market. Therefore, a failure can lead to a shortage. On diesel fuel, the situation in Russia is better off, since only 50% of the fuel produced is consumed by the domestic market.

However, it seems that the clouds are gathering here too.

"The Russian authorities are considering the possibility of imposing restrictions on the export of diesel fuel and jet fuel from the country," Interfax reports, citing several sources familiar with the situation.

According to them, Deputy Prime Minister Alexander Novak held a meeting on the situation on the fuel market and oil companies were advised to restrain the export of petroleum products.

"The decision to close the export of diesel fuel and kerosene is in a high degree of readiness, but the deadline for the introduction of the ban has not yet been determined," one of the sources told the agency.