economy

February 4, 2026

Situation on Russia’s fuel market stable, fuel reserves sufficient

"The balance of supply and demand has stabilized," the deputy prime minister added

Situation on Russia’s fuel market stable, fuel reserves sufficient

TL;DR

  • The Russian fuel market has stabilized since the fall with sufficient domestic reserves.
  • There is a surplus of gasoline on the domestic market.
  • Resuming fuel exports is necessary to avoid reducing oil refining volumes.
  • The government has allowed producers to export gasoline, but a ban on other fuel exports remains for non-producers until the end of July.

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