Sales of Belarusian Gasoline on the St. Petersburg Exchange Sharply Decline

Belarusian refineries have almost completely sold their July gasoline batches on the St. Petersburg International Mercantile Exchange (SPIMEX). However, the introduction of restrictions on price growth for Belarusian fuel has led to a sharp reduction in sales volumes. This is impacting the Russian oil products market, creating a supply shortage and potentially increasing price pressure amid already existing export restrictions.