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Russia’s Domestic Market is Fully Supplied with Road Fuels Novak

OIL PRODUCTS
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Russia’s domestic road fuel market is fully supplied with gasoline and diesel, according to a government statement after Deputy PM Novak’s meeting with oil producers.

  • Federal prices remain stable and fuel inventories are at a high level, the Energy Ministry said.
  • Novak instructed measures to be taken to avoid ‘grey exports’ of oil products, including through members of the Eurasian Economic Union.
  • Grey exports are companies that do not produce their own fuel, but export volumes purchased on the domestic market.
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Russia’s domestic road fuel market is fully supplied with gasoline and diesel, according to a government statement after Deputy PM Novak’s meeting with oil producers.

  • Federal prices remain stable and fuel inventories are at a high level, the Energy Ministry said.
  • Novak instructed measures to be taken to avoid ‘grey exports’ of oil products, including through members of the Eurasian Economic Union.
  • Grey exports are companies that do not produce their own fuel, but export volumes purchased on the domestic market.