gasoline

Novak: Russia's gasoline deficit remains at around 5%
Russian Deputy Prime Minister Alexander Novak said a partial gasoline deficit of about 5% persists on the domestic market, with authorities and oil companies working to close it.

US Inflation Accelerates to 3.7% in September
Annual US inflation rose to 3.7% in September from 3.4% a month earlier, exceeding analyst expectations. The main driver was higher energy prices.

Azerbaijan's Gasoline and Diesel Sales Rise 4%
In January-September 2026, retail sales of gasoline and diesel fuel in Azerbaijan amounted to 3.058 billion manats, up 4% year-on-year.

California Gasoline Hits Record Highs: Price per Liter Approaches $1.90
Average fuel prices in California rose 2.5–2.6% over the week, significantly exceeding the national average.

Iran's Gasoline Consumption Reaches 1.2 Billion Liters in Eight Days
Iran consumed about 1.2 billion liters of gasoline in the first eight days of the Iranian month (Aug 23 – Sep 22, 2026). Tehran saw a 30% spike due to rumors of shortages.

Repsol suspends gasoline supplies to Abkhazia
Georgian oil company Repsol has suspended the pumping of petroleum products to Abkhazia due to criticism from the public and opposition.

Azerbaijan Doubles AI-92 Gasoline Exports in First Half
In January-June 2026, Azerbaijan exported 5,365 tons of AI-92 gasoline worth $4.36 million, 2.3 times more in value and 72% more in volume compared to the same period in 2025.

Azerbaijani Fuel Spending Up 4.9% in Seven Months
In January-July 2026, Azerbaijan's population spent 2.3 billion manats on gasoline and diesel, up 4.9% year-on-year.

Russia begins importing gasoline from India amid fuel shortage
Russia has for the first time started importing automotive fuel from India amid a shortage caused by Ukrainian strikes on refineries. The first batch of 42,000 tonnes arrived in early August.

Government Extends Reduced Gasoline Exchange Sales Quota Until 2026
The Russian government has extended the reduced 10% mandatory gasoline exchange sales quota until December 31, 2026, and expanded the list of consumers eligible for targeted fuel supplies.

Russia to Increase Fuel Supplies to Mongolia
Mongolia has agreed with Russia on additional supplies of gasoline and jet fuel until the end of August amid a fuel shortage.

Russia Allows Import, Production and Circulation of Euro 2, Euro 3, Euro 4 Gasoline
The Russian government has adopted a resolution that sets temporary rules for the production, import, and circulation of gasoline and diesel fuel until July 1, 2027, according to the Ministry of Energy.

Russia Extends Fuel Export Ban Until January 2027
The Russian government has extended the full ban on exports of gasoline, diesel and other petroleum products until January 31, 2027.

Russia sets record for gasoline imports from Belarus
In June, Russia imported a record 141,000 tons of gasoline from Belarus, nearly 2.5 times the May volume. The situation may trigger a rise in oil product prices.

Iran to Accelerate Hybrid and Electric Vehicle Production to Reduce Gasoline Consumption
The Iranian government has ordered a ramp-up in the production of hybrid, bi-fuel, and electric vehicles as part of a strategy to manage energy consumption and reduce gasoline imports.

Russia Adjusts Fuel Regulations: Government Tightens Control and Redirects Volumes to Domestic Market
The Russian government has allowed the production of Euro-3 gasoline for the domestic market until the end of 2026, according to a decree signed by Prime Minister Mikhail Mishustin.