The exchange also drew attention to the statement about the introduction by the Russian government of a temporary ban on the export of gasoline from March 1
MOSCOW, February 28. /TASS/. The St. Petersburg International Mercantile Exchange (SPIMEX) reported an increase in the volume of trading in oil products and the number of registered participants.
“Currently, SPIMEX is experiencing a systematic increase in trading volume, as well as the number of registered participants,” the trading platform said.
The exchange also drew attention to the statement about the introduction by the Russian government of a temporary ban on the export of gasoline from March 1 and the intention to increase the standards for diesel fuel sales on the exchange to 16%.
Earlier, a representative of Russian Deputy Prime Minister Alexander Novak and the press service of the Russian government told TASS that the Russian government plans to introduce a temporary ban on gasoline exports for six months from March 1, 2024, in order to offset the growth in demand in the spring and summer. Another measure could include increasing the standard for diesel sales on the stock exchange to 16%. The restriction will not apply to the EAEU countries, as well as South Ossetia, Abkhazia, Mongolia, and Uzbekistan.
The ban on gasoline exports was in effect last year from September 21 to November 17 to stabilize the price situation on the domestic motor fuel market.
Source: Tass