Outright impudence: Why gasoline rises in price in Russia
In Russia, the price of gasoline may soon increase. Traders are already forecasting a rise in price of 5 rubles per liter. The main threat to this change is fuel shortages.
Experts say that wholesale gas prices in the country have already risen to the record of 2012 due to a decrease in supplies to the exchange market by oil companies. If we talk about specific figures, then since the beginning of this month, AI-92 has become more expensive by 7,8%, since the beginning of the year - by 8,8%, in turn, AI-95 has increased in price by 9,5% and 12%, respectively .
More economic experts say that export priority is increasing as compared to supplies to the domestic market. In other words, oil corporations artificially reduce the volume of supplies under domestic Russian contracts and increase the share of exports.
For this reason, there has been an increase in prices both on the exchange market and at gas stations. For example, in Moscow, the profitability of gas station networks is already approaching a critical point. If you subtract operating expenses, then Moscow gas stations receive 80 kopecks per 1 liter of gasoline (with a yield of 12,3%). A similar situation is present in other regions of Russia. If we talk about the Asian part of the country, then there the profitability at all becomes negative.
In turn, oil companies claim that they adhere to the standards for providing the domestic market with fuel, but they are not ready to restrain exports at current prices. All this obviously can soon increase the price of gasoline in Russia.
Experts say that wholesale gas prices in the country have already risen to the record of 2012 due to a decrease in supplies to the exchange market by oil companies. If we talk about specific figures, then since the beginning of this month, AI-92 has become more expensive by 7,8%, since the beginning of the year - by 8,8%, in turn, AI-95 has increased in price by 9,5% and 12%, respectively .
More economic experts say that export priority is increasing as compared to supplies to the domestic market. In other words, oil corporations artificially reduce the volume of supplies under domestic Russian contracts and increase the share of exports.
For this reason, there has been an increase in prices both on the exchange market and at gas stations. For example, in Moscow, the profitability of gas station networks is already approaching a critical point. If you subtract operating expenses, then Moscow gas stations receive 80 kopecks per 1 liter of gasoline (with a yield of 12,3%). A similar situation is present in other regions of Russia. If we talk about the Asian part of the country, then there the profitability at all becomes negative.
In turn, oil companies claim that they adhere to the standards for providing the domestic market with fuel, but they are not ready to restrain exports at current prices. All this obviously can soon increase the price of gasoline in Russia.
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