en.Wedoany.com Reported - The Russian government has decided to extend the temporary ban on exports of diesel, marine fuel, and gas oil to petroleum product producers, with the restriction remaining in effect until July 31, 2026. Diesel exported from the territory of the Russian Federation under current international intergovernmental agreements is not subject to this ban.
Although the domestic situation has stabilized, authorities in the Oryol region have decided to maintain the current fuel sales restrictions at gas stations. The region continues to enforce the rule of refueling on odd and even days based on license plate numbers, while limiting each vehicle to 30 liters. Starting Thursday, gas stations in the Astrakhan region will sell gasoline on odd and even days based on the last digit of the license plate, with even-numbered plates (ending in 0, 2, 4, 6, 8) and odd-numbered plates (ending in 1, 3, 5, 7, 9) allowed to refuel on corresponding days.
The International Monetary Fund (IMF) forecasts an average oil price of $89.27 per barrel in 2026, dropping to $78.70 per barrel in 2027. Compared to the April forecast, the 2026 estimate has been raised by 10.4 percentage points, while the 2027 estimate has been lowered by 4.2 percentage points.
The flood situation in Nizhnevartovsk has stabilized, with the water level of the Ob River decreasing daily. As of July 9, the river level stood at 917 centimeters, a decrease of 7 centimeters from the previous day. Once the water level reaches 910 centimeters, the high alert status will be lifted.
Iraq does not intend to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) but will seek to increase its production quota to make it fairer. Iraqi Prime Minister Ali Al-Zaidi confirmed the country's commitment to its membership in the organization but emphasized the need to consider Baghdad's interests when allocating quotas.
The tight gasoline supply situation continues to drive up the liquefied hydrocarbon gas (LPG) sector. In the second quarter, LPG consumption grew by nearly 9%, exchange sales increased by 20%, and quotes hit highs not seen since the fall of 2021. Since the beginning of July, wholesale prices on the St. Petersburg Exchange have surged by 61.4%, reaching 44,470 rubles per ton.
Starting Thursday, gas stations in Sevastopol will sell fuel using QR codes, with each vehicle limited to 20 liters. However, the limit for AI-95 and AI-95 NP gasoline is 40 liters, and refueling into barrels remains prohibited.
Due to the situation in the Strait of Hormuz, the White House administration is preparing for a possible exchange of strikes with Iran that could last for days or even weeks. The current tension may last one to two days, a week, or a month, depending on whether Iran continues to attack commercial vessels.
