FAS promised a further reduction in fuel prices

Moscow. December 15. The Federal Antimonopoly service sees opportunities for a further reduction in fuel prices both in wholesale and in retail, said the head of Department for control over fuel-energy complex FAS Dmitry Makhonin at a conference in Moscow.

“Since the beginning of year dynamics of prices for diesel by 5% in large wholesale, for gasoline and below. As for what will happen next, I think we still have the potential to reduce prices in the opt, there is a small potential for reduction in the retail”, he said.

Makhonin noted that, if fuel prices increased annually at the inflation rate, but this year their growth rate is about two times lower than inflation.

For a month (mid-November to mid-December), heating oil on St. Petersburg international Mercantile exchange fell by 37.5%, gasoline Premium-95 – 18.3%, Regular-92 – 10% winter diesel fuel by 12.5%, summer diesel fuel – by 11.3%.