AI-92 Gasoline Hits Record on Russian Exchange as Retail Fuel Prices Rise

Overview

• On October 17, SPIMEX recorded AI-92 at 74,276 rubles per ton, setting a new exchange high.
• Rosstat reports that average retail gasoline prices rose by 49 kopecks to 64.82 rubles per liter for the week of October 6–13, while diesel increased by 30 kopecks to 73.24.
• Price changes varied by region, with the Republic of Altai up 5.3%, declines in Tula (−0.6%) and Kaluga (−0.1%), and a 0.5% rise in Moscow and St. Petersburg.
• The government is keeping gasoline export restrictions in place through the end of 2025 and has suspended the deviation threshold in the fuel damper from October 1 to May 1 to steady the domestic market.
• Novak says producers are increasing output and that authorities are resolving delivery issues, adding that officials see no systemic market problems.