The situation with the fuel deficit was told by the journalists of The Moscow Times. Due to the deficiency of gasoline, prices at Russian gas stations have increased by 70%, according to the material of the publication. In particular, Russian wholesale traders are now paying the following funds: the situation on the market looks like a "perfect storm", the authors ("ideal storm" - the simultaneous influence of a number of negative factors) indicate.
At the same time, all negative factors are added to the sanctions of the world community. According to these sanctions, Russia limited the possibility of trade in raw oil and oil refining products. In general, the "ideal storm" that has led to such an increase in gasoline price can have two reasons: the first reason arises from the winter applicants, which assured that they have large enough gasoline records for the spring and summer season. Then they claimed to be 2 million tons.
Meanwhile, now, when the refinery was "prevention", they should throw stocks into the market. But this is not possible and as a result of the price grow. One of the side evidence provides gasoline exchange trading data. In particular, in June 2023 they sold five times less gasoline than in 2022. The sale of AI-92 gasoline fell by a third. The second reason - the conspiracy of oil traders that hold gasoline - do not sell, expecting the maximum increase in export prices.
The maximum price is required for the maximum difference between the internal price and the export. In this case, the Russian government compensates for the refinery. And the greater the difference, the more earnings, the greater. The material gives an example of the amounts that Russian oil workers received from the Russian government last year - 2. 2 trillion rubles. In May 2023 - 100 billion rubles. Therefore, they sum up analysts, obviously, they hope for "better".
Meanwhile, oil traders are not in vain waiting for an increase in export prices. Reuters claim that Saudi Arabia and Russia continue to reduce oil production, hoping to raise the price. It should be noted that according to sanctions imposed on the Russian Federation due to invasion of Ukraine, there are several restrictions on trade in Russian oil and petroleum products: the effectiveness of sanctions will be evidenced by the auctions on the Moscow Exchange.
In particular, the price of Brent oil began to fall in mid -April 2023 and is still declining. It is now known that the Russian Federation continues to trade oil and oil products: the main areas are India and China. There are also some violators in the EU - new sanctions will try to cut the ways of bypass. The volume of trade in Russian oil is evidenced by the infographic of the Blackseanews portal: in March 2023, the Russian Federation transported 5 million tons of oil in the Black Sea.
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