Russia is considering an extension of its current gasoline export ban, potentially prolonging it until the end of February 2026, according to a report by state news agency TASS. The existing ban, which affects all market participants including producers and traders, is set to expire on December 31, 2025. However, it does not apply to supplies under bilateral government agreements. This move comes as part of Russia’s broader strategy to regulate its energy exports, which also includes a ban on non-producers exporting diesel until the end of the year.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Over the past month, Natural Gas has experienced a decline of approximately 5.99%. The market’s response to the potential extension of Russia’s gasoline export ban could further influence its price dynamics. Currently, the 1-day technical analysis signal for Natural Gas is Hold, indicating a cautious approach among investors. This suggests that market participants are awaiting further developments regarding Russia’s export policies. Investors can explore more updates, prices, and analysis across global markets at Commodities.