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Russia lifts restrictions on gasoline exports
Russia has lifted restrictions on gasoline exports, one month after removing bans on most of its diesel exports, the country’s Energy Ministry said on Friday. The government cited a surplus of supply, combined with a drop in wholesale prices, for the decision, Reuters reports. It added that restrictions on exports could be reimposed if necessary and that the country’s reserves of gasoline had risen by approximately two million tonnes. “Over the past two months, while maintaining high volumes of oil refining… saturation of the domestic market has been ensured and a surplus in the supply of motor gasoline has ... (full story)
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- Posted: Nov 20, 2023 11:15pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 83
