The Ministry of Justice of the Russian Federation reported adjustments to the joint decision by the Federal Antimonopoly Service and the Russian Ministry of Energy concerning minimum standards for fuel sales on the stock exchange. The changes were cited by the publication Russian newspaper.
Under the revised terms, the proportion of gasoline sold through the exchange is raised from 13% to 15%, while the share of diesel fuel sold on the exchange grows from 9.5% to 12.5%.
The FAS press service emphasized that these adjustments are designed to stabilize fuel prices across Russia and to broaden the available supply on the stock exchange. The department noted that the shift would help ensure more competitive pricing dynamics and greater visibility of trading activity on public platforms.
Officials indicated that the reforms aim to deepen market liquidity and improve price discovery, making the exchange a more reliable channel for balancing supply and demand. In the context of these changes, the government’s broader regulatory environment is structured to enhance transparency and minimize price volatility for end users.
On September 21, the Russian government implemented a ban on exports of gasoline and diesel, followed by an adjustment on October 6 that widened the conditions for selling oil products on the exchange. As a result, pump prices for fuel showed a substantial decline from previous peaks, with some estimates placing reductions near a third of earlier levels. Independent analysts, including Konstantin Tserazov, have linked these developments to the ruble’s exchange rate and the overall stability of the Russian fuel market, suggesting that currency movements will continue to influence the trajectory of gasoline and diesel costs.
Earlier, the Federal Antimonopoly Service had initiated enforcement actions by filing the first lawsuit against several fuel companies over gasoline pricing concerns. This regulatory activity underscored ongoing government vigilance in ensuring fair competition and preventing price manipulation within the sector, a theme that continues to shape market expectations and policy responses.