Russian Wholesale Gasoline Prices Drop, With AI‑92 Down More Than 5% This Week

Overview

• Exchange data show AI‑92 down about 5.3% week over week to 60,286 rubles per ton and AI‑95 down roughly 2.6% to 71,055 rubles per ton on the European territorial index.
• The St. Petersburg exchange kept a +0.01% upward auction step and set an asymmetrical band of +0.01%/−10% for AI‑92, AI‑95 and winter Arctic diesel through November 28 to curb abrupt moves.
• Exchange head Igor Artemyev said the tiny upward step reduced volatility and helped prevent wholesale spikes from reaching households and industry.
• Vice Prime Minister Alexander Novak linked the decline to export restrictions and higher refinery output after maintenance and said he expects the wholesale trend to feed into retail prices soon.
• Export bans remain in force through year‑end—gasoline for all market participants and diesel for non‑producers—and a presidential decree suspends the dempfer deviation threshold from October 1 to May 1, 2026 to preserve support payments.