Finance Ministry plans to keep more gasoline and diesel fuel in Russia - Kommersant

Finance Ministry plans to keep more gasoline and diesel fuel in Russia - Kommersant
Photo by Dawn McDonald / Unsplash

The Ministry of Finance may deal with the suppression of schemes for the export of gasoline and diesel fuel from Russia intended for the domestic market. We are talking about the volumes for which the budget pays subsidies to oil companies on the damper.

After the start of the SSO, a strong fuel surplus was formed in the Russian market, due to which the prices of gasoline and diesel fuel began to fall sharply. Russian traders decided to take advantage of this situation: they bought on the domestic market and sold for export at a high price.