Media: Russia may face shortage of gasoline

Region
  • 04 July, 2023
  • 10:06
Media: Russia may face shortage of gasoline

Despite exporting crude oil and oil products, Russia can face a shortage of gasoline, as two million tons of reserves exist only on paper, The Moscow Time said, Report informs.

According to the information, the gasoline market is in a state of "ideal storm". Since the beginning of the year, stock prices of gasoline in Russia have increased by 70% and reached an all-time high by the end of June.

Reuters said that although the government claims that the production of gasoline in the country has increased, in fact, there is a significant shortage in the wholesale market.

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