Saturday, July 30, 2011

In May, gasoline will go up dramatically

Experts eliminate sharp rise in retail prices for gasoline and diesel in May. "On a possible sharp rise in petroleum products in May, I can not say, just can not say that prices will decline. Oil prices remain high - in the range of $ 120-125 per barrel. (Class Brent) - so the fall in fuel prices in the near future will not, "- said the deputy director of Science and Technology Center" Psyche "Gennady Ryabtsev. He noted that at present prices of domestic gasoline A-95 and diesel fuel are undervalued and have potential for growth in the amount of 20-30 kopeks. / liter. At the same time, according to experts, the price of gasoline A-92 on the Ukrainian gas stations today is overstated due to the increased demand for its appreciation of the field of premium fuel and gasoline A-95 . He also said that the Ukrainian market will not affect Russia increasing export duties on oil, as well as restricting the export of gasoline. According to G. Ryabtseva, the share of Russian gas in the domestic market is too small (in 2010 - 114 tons, in I quarter 2011 - 430 tons). Also, the expert stressed that the decrease in oil refining to 50% Mozyr Oil Refinery (Belarus), Ukraine shipped to more than 40% of imported fuel, will have no appreciable effect on the market because the missing volumes will be offset by increasing the release of petroleum products Novopolotsk refinery (Naftan, Belarus). The leading expert of the Center Razumkov Vladimir Omelchenko, expressed a similar view, noting that the main rise in prices occurred in the I quarter. "And in May, most likely, a sharp increase should be expected. Prices have stabilized and is unlikely to continue rapid growth, "- he said. He stressed that the Ukrainian authorities should not allow the administrative regulation of prices, as this could lead to shortages in some regions, as happened in Russia. President of the association" Association operators of the oil market of Ukraine Leonid Kosyanchuk also expressed concern due to possible government interference in pricing in the market, stressing that such actions could lead to higher prices in the country. He criticized the action of expert-analytical group on the operation of the market of petroleum and petroleum products to establish price corridor for oil traders, stressing that these figures do not reflect the real situation on the market. Recall that the expert-analytical group on the functioning of the petroleum products market under the Cabinet of Ministers increased the recommended limit price of gasoline A-95 to 10 UAH. / l. Recommended prices for diesel fuel increased from 9.35 to 9,6 UAH. / l. Ministry of Industry

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