Gasoline rose at a record pace

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Photo: Maxim Bogodvid / RIA Novosti

The growth rate in gasoline prices in April were the highest since the beginning of the year. Oil products are more profitable to export than sell on the domestic market, say market participants. Writes about this family-owned Demyan Kudryavtsev, the newspaper “Vedomosti”.

According to Rosstat, in the publication, from 26 March to 26 April, retail prices for gasoline AI-92 rose 0.6 ruble to 38,65 rubles per liter. For the previous three months of the year, similar growth was not observed, the cost of fuel decreased by 0.02 rubles, the newspaper notes.

Gasoline AI-95 in April has risen 20 times faster than in January-March, taken together, its average value is now 41,65 of the ruble.

Almost equalized with AI-95 at the price of diesel fuel — it has risen by 0.63 rubles to 41,66 per liter.

The prices for the gas stations in Moscow are growing almost twice as fast as the average for Russia. According to the Moscow fuel Association, in April the price of AI-92 rose by 1.25 rubles per liter, AI-95 — on 1,21 rubles, diesel fuel — by 1.26 ruble.

Petroleum products in recent months more profitable to export than to sell in Russia, says the General Director of Agency “analysis of commodity markets” Michael Turukalov. According to him, retail prices continue to rise, with growth rates in the coming weeks will be accelerated, and by the end of the year prices for gasoline and diesel fuel can outpace inflation significantly, the domestic market is drastically unfavorable to oil companies.

In early April, the independent traders of oil products sent to the government of Russia the letter in which complained about the uncontrolled growth of prices for gasoline and diesel fuel on the wholesale market.

According to Rosstat, inflation since the beginning of the year to the end of April was 1.2%. Gasoline AI-92 and AI-95 for the same period rose by 1.5 percent, diesel fuel — by 2.2 percent.

Video, photo All from Russia.

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