Russia:Spring to warm up the price of petrol.
Edited by Rhod Mackenzie / 2016-03-01 06:31:05
FAS Finance Oil and Gas Refining Russia Financial results Petrol Processing Russia Oil and Gas Legal Oil Production and Refining
The excise tax increase and stockpiling before the repairs at the refineries pressure them.
Wholesale petrol prices start to rise in the run-up to increase the excise tax and the spring repairs at the refineries. Market participants fear that in conditions of shrinking supply of oil companies to the domestic market and the need to form reserves before repairs significant price growth will occur in March.
