The cost of fuel climbed by 13.77 percent, reaching 20,054 rubles per ton on Monday. This shift marks a notable rise in wholesale energy pricing and is corroborated by the latest data from the St. Petersburg International Commodity and Raw Materials Exchange, often referred to by its acronym SPbmTSB. The movement suggests tighter supply dynamics or shifts in international markets that ripple through regional pricing structures, affecting buyers across commercial segments and industrial users alike.
The AI-92 gasoline category posted a rise of 1.17 percent, landing at 44,837 rubles per ton. Within the same trend, AI-95 gained 0.64 percent, climbing to 47,767 rubles per ton. These incremental increases indicate a continuing upward pressure on refined fuels, likely linked to factors such as refinery throughput, seasonal demand fluctuations, and fluctuations in crude input costs. Purchasers in the distribution chain should monitor these prices as they adjust procurement strategies and retail forecasting.
In contrast, diesel fuel values showed a downward taper in stock prices. The price of summer diesel declined by 3.6 percent to 51,713 rubles per ton, signaling softened demand or ample inventory during the warmer months. Off-season diesel also eased, dropping 0.48 percent to 53,854 rubles per ton, while winter diesel edged up by a modest 0.04 percent, closing at 60,246 rubles. The mixed movements across diesel grades reflect seasonal demand patterns, regional consumption needs, and potential refinements in supply mix that influence wholesale markets differently across periods of the year.
The market also saw an uptick in the price of liquefied hydrocarbon gases LPG, which rose to 18,674 rubles per ton, up 1.44 percent. LPG prices are often sensitive to shifts in natural gas markets, refinery runs, and the balance of supply and demand in regional distribution networks. The current move suggests adjustments in the broader fuel basket that households and enterprises may feel indirectly through energy budgeting and transportation costs.
Throughout January, wholesale gasoline prices have been on an upward trajectory on the stock market. Analysts attribute this trend in part to operational reductions at the Lukoil refinery in Nizhny Novgorod following an accident. The incident likely disrupted throughput and contributed to tighter supply conditions in the short term, reinforcing the price ascent seen in refined products for wholesale buyers and distribution networks that rely on such facilities for feedstock and blends.
Meanwhile, comments from government officials signal policy expectations aimed at stabilizing fuel costs at the pump. Russian Deputy Prime Minister Alexander Novak reiterated that oil industry workers should not push costs upward at gas stations. The statement reflects ongoing efforts to manage consumer pricing while balancing fiscal considerations and the interests of domestic industries that rely on affordable energy inputs. Stakeholders across transport, logistics, and retail sectors will be watching policy developments closely for clues about future price caps, subsidies, or contingency measures during periods of volatility.
Earlier reports highlighted that sanctions have contributed to a quarter-on-quarter decline in Russia’s revenues from oil and natural gas. This broader economic context helps explain why domestic pricing moves in the energy sector receive heightened attention from policymakers and market participants alike, as government revenue streams influence fiscal decisions that ripple through national markets and affect investment confidence across industrial sectors.