international magazine
11 / 2007

Pressure on independent motorfuel retailers
The price of gasoline in Russia steeply grows

This autumn, gasoline prices in Russia began rising sharply. This mostly concerned wholesale prices, but even retail prices at the pump began inching upwards. This rise in prices is driven by the rise in world oil prices and maintenance at a number of oil refineries that lowered volumes of oil product output (and hence increased prices for them).