Gasoline prices to be monitored in Russia

Deputy Prime Minister of Russia Alexander Novak held a headquarters meeting on the domestic oil products market situation. The meeting discussed the current situation in the oil products market, the conditions for their transportation by rail, and the supply of fuel to agricultural producers. This was reported on the Russian government's Telegram channel.

According to the Ministry of Energy and the FAS, fuel prices in the retail segment remain stable, do not exceed inflation, and have no shortage. The domestic market is fully supplied with gasoline and diesel fuel. Alexander Novak instructed the Ministry of Energy and the Federal Antimonopoly Service to monitor fuel prices. He was instructed to ensure the regularity and uniformity of gasoline and diesel fuel sales on the St. Petersburg International Mercantile Exchange and timely delivery to customers, including by rail.

The Deputy Prime Minister instructed to pay special attention to the transition from summer to winter diesel fuel, trading which recently began, from the point of view of the availability of its volumes and the formation of prices that are affordable even for the Far East, which should not grow above inflation.

Author: Roman Yakimchuk