Oil companies dropped gasoline prices

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Photo: Oleg Karsaev / “Kommersant”

Oil companies dropped gasoline prices in accordance with the agreements between the companies and the Russian government. This was announced by Deputy Prime Minister Dmitry Kozak Ilya juice, reports TASS.

Juice noted that all vertically integrated companies and independent refineries of Russia by 1 November performed the specified arrangement and reduced wholesale gasoline prices, due to which came the decline in retail. the official said that after 1 November the price of gasoline AI-95 fell by 4.3%, AI-92 decreased by 2.2%, diesel fuel — on 3,14%.

Juice assured that while government no protective duties to enter the plan, but additional measures for regulating oil market will be developed. The authorities are ready to take radical measures if the prices again start to grow.

Thursday, 1 November it was reported that wholesale prices for gasoline and diesel fuel is sewed down. In the course of trading on Saint-Petersburg international Mercantile exchange (SPIMEX) prices for different grades of gasoline fell more than three percent.

The growth of prices for gasoline — one of the key problems of the Russian economy in 2018. The first problems began in may, when it was recorded a sharp jump. In June, the government and business signed the first deal in which prices were frozen at the may levels, in exchange for the zeroing of export duties on oil. However, this measure did not stop the oil companies who continued to raise prices for gasoline, under the guise of a conjuncture of the world market.

Video, photo All from Russia.

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