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The Russian government is trying to stabilize fuel prices

The Russian government is trying to stabilize fuel prices
Photo: pixabay.com

The Cabinet of Ministers of the Russian Federation took additional measures to stabilize prices for gasoline and diesel. Efforts are focused on avoiding fuel surges.

Decree the improvement of the exchange trading mechanism for this category was approved by the head of the Russian Cabinet of Ministers Mikhail Mishustin. As the press service of the Russian government explained, large oil companies are obliged to send part of the fuel to the exchange, where independent gas stations can buy it at market prices. This helps to reduce the risks of monopoly pricing.

The new decree introduces the concept of regularity and uniformity of exchange trading. In addition, it is now possible to trade through the exchange using road transport directly from the factory, which will allow individual companies to ship more fuel.

Rosstat calculated that the average gasoline prices grew over the week from 18 to 25 January by only 13 kopecks. Now the price for a liter of fuel is 46,35 rubles. The least increase in the cost of diesel fuel - only 5 kopecks. A liter of diesel now costs an average of 48,94 rubles. The most common brand of gasoline AI-92 in Russia has risen in price by 14 kopecks to 43,7 rubles per liter.

 

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