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Fuel retailing in Russia has lost its profitability

... development of the Shell's gasoline stations chain, this year, each liter of retail gasoline brings in 1.5 rubles of loss. Vertically integrated firms, which have the opportunity to sell fuel in bulk and export it abroad, will be able to survive the crisis. Their integrated margin easily covers the retail losses. However, there are less than a third of such filling stations in the Russian market. The majority of operators will face bankruptcy. According to experts, the current damper mechanism used ...

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