Due to the sharp rise in exchange prices for gasoline, the Federal Antimonopoly Service (FAS) of Russia has recently begun to conduct raids against oil traders. This is reported with reference to the press service of the department. RIA News…
The basis for unscheduled inspections, as the FAS explained, was “the results of monitoring by the antimonopoly service of exchange indicators of prices for oil products.” This work was a continuation of the analysis of factors affecting price changes.
A week ago, the department has already requested information from oil companies on the volume of supplies of oil products to the domestic and foreign markets since the beginning of the year. It was about motor gasoline, diesel fuel and aviation kerosene.
The day before, on July 28, it became known that the Ministry of Energy had set aside several days to analyze the possibility of a temporary ban on the export of gasoline. The head of the department, Nikolai Shulginov, indicated that the decision would be made after July 30. By that time, it will become clear whether the downward trend in prices has become stable.
As part of trading on the St. Petersburg International Commodity Exchange, gasoline prices began to fall after a record rise. They demonstrated this behavior after the export ban was named the main way to solve the problem.
Earlier, Deputy Head of the Ministry of Energy Pavel Sorokin noted that all regulatory documents for such a decision are ready. At the same time, he stressed that it would be better to solve the problem in a market way, so as not to cause damage to oil companies.