Oil companies have begun to raise the price of gasoline

Since the beginning of March on the Moscow refuellings of LUKOIL (107 filling stations in Moscow) the price of gasoline increased by 0.5 rubles per liter — to 36 roubles for AI-92 and to 38.8 roubles for AI-95, follows from the data of the Moscow fuel Association. The price for the filling stations of Tatneft (38 stations) grew even more strongly — 0.6 rubles., but the absolute value was lower, 34,87 RUB 37,51 rubles, respectively.

At the Moscow gas stations of Rosneft (49) and controlled by TNCs (71) the prices started to grow in the middle of February, but almost unnoticed — for two weeks, they grew only by 0.22 rubles, AI-92 (34,16) and 0.32 roubles for AI-95 (36,74 rubles), while remaining lower than many of its competitors.

The average price of gasoline AI-92 at the Moscow gas stations rose 7 cents, to 34,67 rubles, AI-95 — on 6 cents, up to 37.34 rubles, according to the MTA. On average in Russia since the beginning of March, gasoline prices rose by 0.3%, or 9-10 cents, first time since mid-October 2015, reported “Interfax” with reference to Rosstat: a liter of gasoline AI-92 was sold for 33,87 rubles, AI-95 — for 36,86 RUB.

Increasing retail prices, oil companies play a twofold increase in the excise tax on gasoline January 1 and April 1 (in both cases, the excise tax increased by 2 rubles. per liter), as well as the cost of gasoline on the stock market, says Director of business development “Analysts commodity markets” Mikhail Turukalov. With the beginning of the year at the St. Petersburg commodity exchange gasoline AI-92 has grown on 14%, to 36 982 rbl. for 1 t, on AI-95 — by 16.5% to 39 862 rbl. for 1 t And the growth continues — on Monday, the fuel prices have risen on 0,66% and 0.1% respectively.

The growth of retail gasoline prices is the result of a sharp increase in fuel prices in the opt, which reached a critical level (almost 40 thousand per 1 ton), agrees the President of the Moscow fuel Association Evgeny Arkusha. “If wholesale prices continue to rise, the growth of retail prices from other companies are inevitable. Just each company sets its own prices and fuel reserves and so on,” he adds. In a press-services of LUKOIL and “Rosneft” have refused comments. Representatives “Tatneft” and “Gazprom oil” did not answer the call .

For market participants it is important that there are no sharp jumps in retail prices and the price increase did not exceed inflation rate, indicates the Arcos.

Deputy head of Committee on power policy RSPP Yury Stankevich has previously predicted that as a result of higher excise taxes in January and April the price of gasoline in Russia may grow in aggregate by 15% beginning January 2016. And the head of the Federal Antimonopoly service Igor Artemyev in the beginning of March, warned that his Agency will immediately begin an antitrust investigation, if after the increase of excise duties from 1 April, prices for automobile fuel will rise by more than 2-3%.

Vice-President of LUKOIL Vladimir Nekrasov in mid-February said that because of rising excise taxes from 1 January LUKOIL has lost 30 billion rubles, and if not to raise prices in April, the company expected to lose 30 billion rubles Nekrasov predicted a gradual increase at filling stations, from 50 kopecks per liter and simultaneously to 2 rubles. per liter throughout the year. The source in LUKOIL said that the company will monitor the margin at the gas stations before you make a decision whether to raise her price again at the gas station the day before April 1 and to raise again the price tags in a drop in sales.