Russian authorities have noted that the Russian market is “sensitive” to fuel prices, so Moscow plans to “calm it down.”
The exchange price of AI-95 at the end of trading on Monday exceeded 70 thousand rubles/t. This is confirmed by data from St. Petersburg International Commodity and Raw Materials Exchange, reports the Russian pro-government news agency Interfax.
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According to the results of trading on July 15, the price of 95 gasoline on the site increased by 1.16%, to 70,481 rubles/t. The exchange price of the 92nd, in turn, remained almost unchanged, decreasing by 0.09% to 55,785 rubles/t.
Fuel prices have continued to rise since the beginning of June due to the concerns of market participants about the lack of supply in the context of open exports. Overall, AI-92 has increased in price by 20% since the beginning of last month, while AI-95 has increased by 34%.
The Russian Ministry of Energy previously claimed that the fuel supply situation in all constituent entities of Russia is supposedly “stable”, they say, the production volumes of both gasoline and diesel fuel are sufficient to fully to meet domestic demand in high season. .
The department expects an increase in gasoline production in the third ten days of July by 15-20 thousand tons due to the continuation of work after planned repairs at two refineries in the south and central part of Russia.
Russian Deputy Prime Minister Alexander Novak told reporters that the market is very sensitive to the situation with the repair campaign at the refinery and the supply of AI-95 fuel.
“Unfortunately, now the market is quite sensitive.”
We remind you that Ukrainian drones have been attacking enemy oil refineries and oil depots in Russia all this time. In particular, SBU and GUR officers recently attacked the Akhtubinsk military airfield in the Astrakhan region of the Russian Federation, a 500 kV electrical substation in the Rostov region and an oil depot in Kalache-on-Don in the region of Volgograd.
Let’s remember that NATO believes that a drone strike on Russian territory has a significant impact on the Russian economy, especially on energy exports.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.