Russia Faces Gasoline Deficit
Russia is experiencing a gasoline shortage following Ukrainian attacks on its oil refineries. Trading volumes on May 8 dropped as unscheduled maintenance at refineries and reduced fuel production took their toll. The price of gasoline on the market has climbed, signaling mounting pressure on the energy sector.
According to reports, only 32,640 metric tons of gasoline were sold on the exchange on May 8—5.9% less than the previous trading day. Sales of A-92 grade gasoline fell by 8.9% to 20,340 tons, while A-95 grade sales edged up 1.5% to 12,240 tons. The cost of A-92 rose by 0.01% to 65,990 rubles per ton, and A-95 increased by 0.16% to 71,890 rubles per ton.
Root Causes of the Fuel Shortage
The primary driver of the fuel shortfall is the unscheduled repair work at major refineries, which could last more than a month. Additionally, delivery times in early May have extended by an average of two to four weeks. As experts note:
“Even before the peak consumption season, a supply deficit for A-95 grade had already formed in the market.”
Expert
During the summer, demand for this fuel type outpaces that for A-92, as holidaymakers increasingly rely on vehicles that use 95-octane gasoline.
Furthermore, “purchasing A-95 on the exchange is becoming extremely difficult. Demand exceeds supply by several times—possibly more than tenfold.” Meanwhile, Ukrainian defense forces struck refineries and port infrastructure in Tuapse during April and on May 1. Since the start of 2026, Ukraine has carried out over 20 successful attacks on key Russian oil industry assets, resulting in economic losses for Russia exceeding $7 billion.
This situation raises concerns about the stability of fuel supplies in Russia, especially amid rising demand.
The gasoline shortage could significantly impact Russia’s economy, as higher fuel prices may increase costs for both consumers and businesses. The ongoing refinery attacks highlight the vulnerability of Russian energy infrastructure amid the conflict. This could also lead to further regional tensions, as Russia may respond to these challenges to protect its economic interests.
As the situation escalates, the Russian government is taking drastic measures to manage the fuel crisis. This comes in the wake of recent drone strikes that have severely impacted the oil sector. For a deeper understanding of how these attacks have prompted state intervention in the fuel market, you can read more in our article on Russia's state control measures in the fuel sector.