After Thursday’s trading session, SPIMEX, the St. Petersburg International Commodity Exchange, reported fresh record highs for the main motor fuels. The platform’s data show prices cresting new all-time peaks, underscoring a sustained rally in fuel markets.
Specifically, the price of summer diesel jumped to 67,848 rubles per ton, marking the 12th record since the second day of August. The climb has continued for four straight sessions, signaling persistent upward pressure on diesel costs across the market.
Meanwhile, premium AI-95 gasoline and fuel oil hit new highs as well. AI-95 rose to 69,925 rubles per ton, while fuel oil reached 35,453 rubles per ton. The previous peak for fuel oil was set the day prior, on August 16, at 35,411 rubles per ton. These shifts indicate broad strength across the high-octane and heating fuel segments, with multiple grades advancing in tandem.
Other fuel categories also posted gains. AI-92 gasoline climbed to 62,434 rubles per ton, and liquefied natural gas rose to 28,957 rubles per ton, reinforcing the overall upward trajectory in the energy complex. Market watchers note that the diesel milestone near 67 thousand rubles per ton underscores tight supply conditions and elevated demand dynamics that continue to influence pricing across the industry.
Analysts quoted by Forbes suggest that diesel prices may push the cost burdens for oil companies higher as the market contemplates an expected 50 percent reduction in shock absorbers come September. This potential policy shift could alter cost structures and pressure the sector to expand overseas supply, though experts caution that domestic bottlenecks in production and repair facilities may prevent a quick normalization. The broader implication is a renewed focus on supply resilience and strategic sourcing to blunt price volatility, even as some firms explore diversification options to stabilize margins in the near term.
As the market digests these movements, questions arise about how long the ascent may last and what factors will temper the trend. Many industry observers point to ongoing logistics challenges, refinery maintenance schedules, and geopolitical considerations as key drivers. Still, the prevailing sentiment is that price momentum remains intact for the near term, with participants monitoring policy signals and global energy demand patterns to gauge future trajectories. The energy landscape continues to favor careful inventory management and responsive pricing strategies as firms navigate a transitioning market and seek to protect profitability in a volatile environment.
Earlier discussions explored how long oil would remain a dominant energy source, highlighting a conversation about the energy mix and the role of traditional fuels amid evolving alternatives.