Oil refineries in Belarus have returned their products to St. Petersburg after a break of almost three months. It resumed selling on the St. Petersburg International Commodity Exchange (SPIMEX). This was reported by Interfax with reference to their own sources.
According to the Interfax agency, at the end of November, Belarusian refineries began selling batches of winter and Arctic diesel fuel at the Russian plant, driven by increased demand due to cold weather.
According to sources, price offers from Belarusian producers are attractive. Experts believe that the return to SPbMTSB is associated with the restoration of the fuel damper mechanism in the Russian Federation.
Belarusian refineries halted trading on the Russian stock exchange in September due to the decline in damper. Since October, the parameters of the price stability system have been restored.
The other day, leading Reuters analyst John Kemp statedIt was stated that the large-scale fuel crisis in the EU is over. According to the expert, in the last two years, oil, coal and gas prices in EU countries have repeatedly reached historical high levels, putting pressure on industrial and household consumption. /
In addition, the energy resource shortage that emerged after the pandemic intensified further after the start of Russia’s special operation and the imposition of sanctions on Moscow. The expert also plans to conclude that the acute phase of the energy crisis in Europe may be replaced by a more stable period.
Previously, the Ministry of Energy reported that the increase in gasoline prices in Russia did not occur. will exceed inflation rate.