Russia To Extend Ban On Gasoline Exports

Moscow has announced it will extend its ban on gasoline exports from August to October, in a bid to offset the growth in domestic demand in spring and summer. "In order to avoid any problems in these months, there will be no lifting of the (gasoline) export ban in August. It was also a fundamental decision for September-October that exports will be limited in order to be insured," Russian Deputy Energy Minister Pavel Sorokin was quoted by the TASS news agency as saying. Earlier, Bloomberg reported that Russia’s four-week average seaborne…