Russia's Gasoline Exports Have Surged By 37% This Year

Despite the Western sanctions, Russian oil companies boosted their gasoline exports by 37% between January and May compared to the same period in 2022, Russian daily Kommersant reported on Friday, citing sources familiar with the data. The Russian Energy Ministry last month asked oil companies to reduce their exports and raise supply on the domestic market, according to Kommersant's sources. After a sharp rise in wholesale gasoline prices in May and recommendations from the Energy Ministry to oil firms to curb exports, Russia's daily gasoline exports…