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WorldAsiaAnalysts have warned of rising gasoline prices in Russia since April 1

Analysts have warned of rising gasoline prices in Russia since April 1


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From April 1, the tax system for oil companies will change in Russia. In particular, it is planned to reduce payments for the shock absorber (business risks), which may lead to an increase in gasoline and diesel fuel prices. According to some analysts, despite the changes, Russians should not expect a sharp rise in energy prices.

Nikolai Vavilov, a specialist in the strategic research department of Total Research, in an interview with Life noted that with the onset of spring, motorists expect an increase in fuel prices.

— Export problems and sufficient domestic stocks will help maintain the cost of gasoline and diesel. A slight increase is expected in the context of inflation. According to the Central Bank’s forecast, in 2023 inflation will be 5-7%, so the annual growth in fuel prices can be expected within this range, the analyst noted.

Fyodor Sidorov, the founder of the practical investment school, also predicted an increase in retail fuel prices. However, according to him, a sharp rise in value will not occur. He added that wholesale prices on the exchange had fallen by around 10%.

The head of the analytical department of AMarkets Artem Deev admitted that the price of fuel will increase in line with inflation. To date, he estimated a possible price increase in the corridor of 2.5-3.5 rubles per liter.

“Chief Regional” previously reported that the purchase of diesel buses by the St. Petersburg administration contradicts the basic principle of transport reform in St. Petersburg – the replacement of old equipment with environmentally friendly fuel .

Copyright © 2023 The Eastern Herald.

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