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Russia to Stop Releasing Gasoline Output Statistics

OIL PRODUCTS

Russia has stopped publishing data on gasoline production, according to media outlet RBC, cited by Bloomberg.

  • The decision was taken because it will help secure domestic supplies, RBC said.
  • “Given the current geopolitical situation, the disclosure of such information may become a reason for market manipulation by unscrupulous participants”
  • Classifying the gasoline production statistics “will help to strengthen the reliability of supplies to domestic consumers and increase energy security of the country,” Russia’s Energy Ministry said.
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Russia has stopped publishing data on gasoline production, according to media outlet RBC, cited by Bloomberg.

  • The decision was taken because it will help secure domestic supplies, RBC said.
  • “Given the current geopolitical situation, the disclosure of such information may become a reason for market manipulation by unscrupulous participants”
  • Classifying the gasoline production statistics “will help to strengthen the reliability of supplies to domestic consumers and increase energy security of the country,” Russia’s Energy Ministry said.