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Fuel retailing in Russia has lost its profitability

... outstripping growth of wholesale prices for diesel fuel and gasoline, can drive about 60% of the market to bankruptcy. Russian oil refiners export up to a half of all produced diesel fuel and about 15% of gasoline. The reason for such a policy of refineries is more attractive prices for maximizing profits. The gradual equalization ... ... (their market share is about 2/3 of all filling stations) be able to withstand such a disparity, working 8 months below the profitability threshold? Pavel Bazhenov, the managing director of the Independent Fuel Union, gives a pessimistic assessment of ...

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