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Category: Finances

Date: 3 months ago   Category: Companies

Petrol prices grow again

Wholesale prices for fuel in a week have increased by 7% for the first time since the end of May. According to experts, the export alternative remains much more attractive, than domestic market of the Photo: Mitya of Aleshkovsky/TASS Wholesale prices for gasoline in a week have increased by 7% for the first time since the end of May. Then the government has taken emergency measures to stop sharp increase in prices for gasoline for gas station. Excises on fuel have been lowered for three rubles for liter, and oil industry workers sales of fuel in domestic market have obliged to increase by 3%. Why the prices grow again? Pavel Bazhenov the president of the Independent fuel union "It is connected with the fact that the export alternative, despite all efforts, continues to remain much more attractive, than domestic market. And what happens to ruble today, plus increase in prices for oil increases this alternative even stronger. And if to consider that at us since 2019 the VAT grows, plus plan increase in excises again and reduce export duties, it will even stronger affect an export alternative. Also seasonal important fact because we enter fall, now harvest and other — to all appearances wholesale prices have taken a trend on growth, and this trend will remain". Among the reasons of increase in prices for gasoline experts of the market call also forthcoming repairs of oil refinery and decrease in sales of fuel at the exchange. To add to your sources of news?



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