Russia's fuel market shows improvement
In Russia, fuel reserves are being built up and production has increased - Novak reported positive dynamics in the fuel market.
Consensus
- The Russian fuel market is showing positive dynamics.
- Vice Prime Minister Alexander Novak reported on the improvement in the fuel market.
- The situation on the domestic fuel market is stabilizing.
- There has been a decrease in fuel prices from 13 to 19 October.
- Production of fuel has increased.
- Corrections to fuel pricing and data collection across regions are needed.
- Federal and regional authorities, along with industry players, are involved in addressing the situation.
- The meeting included representatives from Ministry of Energy, FAS, Ministry of Agriculture, State Council, and regional leaders.
Points of divergence
- The average consumer price of gasoline in Russia decreased by 0.7% to 78.04 rubles per liter from 13 to 19 October, with AI-92 down 0.8% to 74.02 rubles and AI-95 down 0.6% to 80.3 rubles; AI-98 and above increased by 0.1% to 104.67 rubles. — vedomosti
- Novak stated that several plants have resumed operations after repairs, improving the situation compared to one month and two weeks prior. — vedomosti
- A meeting was held on 13 October involving representatives from the State Council, State Duma, Ministry of Energy, Ministry of Agriculture, FAS, Ministry of Transport, industry companies, and regional heads. — vedomosti
- On 21 October, Rosstat reported the price changes for gasoline. — vedomosti
Coverage (4 sources)
- Novak stated on increase in production of gasoline and diesel in Russia — Фонтанка
- Novak reported on improvement in the fuel market situation — Ведомости
- In Russia fuel reserves are being formed, production increased - Novak reported positive dynamics in the fuel market — РИА Новости (Telegram)
- Novak noted positive dynamics on the Russian fuel market. — ТАСС (Telegram)