Analyst Deev allowed a rise in gasoline prices in Russia in the fall – Teller Report Teller Report

Artyom Deev, Head of the Analytical Department at AMarkets, expressed the opinion that gasoline prices may rise slightly in some regions of Russia in autumn.

Usually in the fall, prices rise within 1-2%, but in the current situation, these figures may be different, the expert shared in a conversation with Life.ru.

“There is a possibility that wholesale exchange prices will begin to affect the cost of fuel – the reason will be a slight decrease in oil production in the country against the backdrop of restrictions from Europe. The less raw material, the less it is consumed by refineries that produce fuel. The surplus situation in the domestic market, which developed in late spring – early summer in Russia, will end,” Deev said.

According to his estimates, the cost of fuel for the year as a whole will remain within the framework of inflation – such dynamics was predicted by the Ministry of Energy.

Most likely, in different regions in September, gasoline prices will begin to rise gradually, the analyst concluded.

Earlier, Candidate of Economic Sciences Alexander Danilov, in an interview with FBA “Economy Today” told what difficulties the Bulgarian economy would face if it refused Russian gas and switched to LNG from the United States.


Source: RT на русском by russian.rt.com.

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