Russian refineries are gradually resuming fuel sales on the St.…
Russian refineries are gradually resuming fuel sales on the St. Petersburg Exchange after a period of disruption caused by Ukrainian drone attacks, leading to partial stabilization of fuel supply across regions and reduced queues at gas stations, though challenges remain in meeting demand fully.
Consensus
- Russian refineries are partially resuming fuel sales on the St. Petersburg Stock Exchange after disruptions.
- The recovery is linked to the completion of planned and unplanned repairs following drone attacks.
- Fuel supply conditions have improved in some regions, with reduced queues at gas stations and a return to unrestricted fuel distribution by many operators.
- A significant portion of refineries—those with combined annual processing capacity of about 40 million tons—are back in the market.
- Some major refineries, accounting for over 45 million tons annually, have not yet resumed participation in exchange trading.
- The situation remains unstable due to ongoing risks of new attacks and continued supply-demand imbalance.
Points of divergence
- Fuel availability was restored through logistical reorganization and redistribution from other plants, with refinery throughput increasing by 110 thousand barrels per day over a week. — vesti
- The situation on the Russian fuel market has improved to the point where it may have passed its most difficult phase; some refineries are restarting operations, but diesel is being prioritized and gasoline remains under pressure. — novaya_eu
- Despite partial recovery, over 80% of gasoline purchase requests remain unfulfilled, with the highest unsatisfied demand (92.9%) in the AI-98/AI-100 segment; most fuel is still traded off-exchange. — meduza
- The St. Petersburg Exchange expanded price fluctuation limits for certain fuels starting July 20 to stimulate trading activity, as exchange prices had lost relevance due to dominant off-exchange sales. — vm
Coverage (7 sources)
- Fuel situation in Russian regions resolved through logistics restructuring — Вести
- Part of Russian NPPs returned to trading on the St. Petersburg Exchange — Новая газета Европа
- Russian refineries resume selling gasoline on the exchange; trading volume sharply dropped due to fuel crisis — Meduza
- Some oil refineries resume fuel sales on the exchange — Вести
- Part of Russian oil refineries resumed fuel sales on the St. Petersburg exchange after planned and emergency repairs — Varlamov News
- Yavlinsky: Part of Russian oil refineries resumed fuel sales on the exchange — Вечерняя Москва
- Part of the NPU resumed fuel sales on the exchange market — Коммерсантъ
Key entities
- NPZ
- Saint Petersburg Stock Exchange
- Commerzant
- Russia
- Platts
- Moscow
- Saint Petersburg Exchange
- Bloomberg
- U
- Kommersant
- IT 'News'
- Institute of National Energy
- Alexander Frolov
- S&P Global
- Russian NPGs