Over the past week, the price per ton of Belarusian gasoline rose by 6% to 127,000 rubles, and since early May, it has surged 1.8 times.
From June 1 to 26, the sale of Belarusian gasoline on the exchange amounted to 79,380 tons in total, whereas a year ago its sales were minimal.
"According to market participants, two Belarusian refineries — the Mozyr and Novopolotsk plants — are theoretically capable of providing fuel to Russia, but their capacities are limited, meaning the supply potential for the entire country is small," the publication reads.
"Belarusian fuel purchased during the bidding is shipped within a 30-day period without disruptions or delays, whereas in Russia, deals can drag on for up to 60 days, with actual shipment occurring on the 35th day, and the situation changes daily."
St. Petersburg Exchange maintains limits on the rise and fall of gasoline and diesel quotes. During trading on June 30, AI-92 gasoline rose by 0.12% to 70,710 rubles per ton, while prices for AI-95 increased by 0.01% to 75,120 rubles per ton.
"The fuel crisis gripped Russia after intensified Ukrainian strikes on oil refineries. As a result, gasoline production dropped by 25% to 85,000 tons," the publication noted.
"Meanwhile, in the summer months, the Russian economy consumes 110,000 tons of motor gasoline per day."
Full or partial restrictions on fuel sales have been officially introduced in 40 Russian oblasts, with the shortage affecting over 80 federal subjects.
Amid the deficit, the Russian government decided to increase gasoline imports.
Russia could import fuel from Belarus, Azerbaijan, Central Asian countries, India, and Turkiye. However, there are almost no available volumes of gasoline on the spot market for prompt delivery to Russia, and sanctions complicate payments and logistics, Russian experts believe.
Russia is negotiating with Kazakhstan to import about 50,000 tons of AI-92 gasoline.
In May, Belarus increased railway supplies of gasoline and diesel from its refineries to the Russian market amid a worsening deficit in Russia caused by a seasonal rise in demand and a drop in oil product manufacturing due to Ukrainian attacks.
Compared to April, railway deliveries of motor gasoline from Belarusian refineries to the Russian domestic market increased by 11% to 57,000 tons, while diesel shipments grew by 23% to 50,000 tons.
Overall, in the first five months of 2026, compared to January-May 2025, gasoline supplies by rail from Belarusian refineries for the Russian market skyrocketed almost 13 times to 270,000 tons, and shipments of Belarusian diesel tripled to 179,000 tons.
On April 2, the Russian government reintroduced a ban on gasoline exports for producers until the end of July.