MOSCOW (Realist English). Wholesale gasoline prices in Russia ended the week with a steady decline following record highs recorded at the start of September. AI‑95 lost 2.78%, AI‑92 fell 2.48%, and summer diesel dropped a sharp 8.76%.
The correction came amid government measures to stabilise the domestic market, but experts warn that lower wholesale prices do not guarantee lower retail prices at filling stations, and seasonal demand could reverse the trend.
Gasoline Down, Diesel Plunges: The Week’s Numbers
According to the St Petersburg International Mercantile Exchange (SPIMEX) data as of September 4, Premium‑95 gasoline fell 2.78% to 73,139 roubles per tonne. Regular‑92 gasoline dropped 2.48% to 68,805 roubles per tonne.
An even steeper drop was recorded in the diesel market: summer diesel lost 8.76% over the week, falling to 68,610 roubles per tonne.
At the same time, jet fuel and liquefied petroleum gases (LPG) ended the week in positive territory: jet kerosene rose 3.52% (to 125,703 roubles/tonne), while LPG gained 3.85% (to 32,720 roubles/tonne).
| Product | Weekly Change | Price as of Sept 4 (RUB/tonne) |
| AI‑95 (Premium‑95) | −2.78% | 73,139 |
| AI‑92 (Regular‑92) | −2.48% | 68,805 |
| Summer diesel | −8.76% | 68,610 |
| Jet fuel | +3.52% | 125,703 |
| LPG | +3.85% | 32,720 |
Source: SPIMEX, data as of September 4, 2026
From Record Highs to Correction
The decline in wholesale gasoline quotes followed a sharp price spike at the start of the week. On September 1, AI‑92 hit an all‑time high, rising 4.36% in a single day to 75,477 roubles per tonne. On the same day, AI‑95 lost 5.29%, falling to 75,926 roubles per tonne.
By the end of the week, both gasoline indices had corrected to levels near 68,000–73,000 roubles per tonne.
What Is Behind the Price Drop
The decline in wholesale gasoline and diesel prices comes amid government measures to stabilise the domestic fuel market.
Earlier, at the end of August, the government extended the ban on diesel exports for producers, and on September 1, it allowed the temporary sale of K2–K5 environmental‑class gasoline at filling stations.
In addition, the Federal Antimonopoly Service signed agreements with 12 oil companies to increase fuel supplies to the domestic market and limit retail price growth to the inflation rate.
Wholesale Drops, Retail Hesitates
The decline in wholesale gasoline prices is a positive signal for the market, especially after the record highs reached at the start of September.
AI‑92’s correction from a historic peak of 75,500 roubles per tonne to 68,800 roubles — a drop of nearly 9% in three days — suggests that government measures are beginning to take effect.
However, as experts note, wholesale price movements do not always directly affect retail prices at filling stations. Alexander Frolov, Deputy Director‑General of the National Energy Institute, previously warned that retail gasoline prices in the near future will remain stable or rise slightly.
