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Russia could lift the gasoline export ban applied to producers as of February, Ifx reports

Newsquawk Staff ·

Russia could lift the gasoline export ban applied to producers as of February, Ifx reports.

What it means

This potential lift of the gasoline export ban by Russia signifies a shift in supply dynamics that could alleviate pressure on global gasoline prices. Given the current market context, where energy prices are sensitive to supply changes, this move could suggest a more bearish outlook for gasoline futures if implemented.

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