The measure is expected to stabilize domestic gasoline and diesel prices ahead of a seasonal demand increase In an attempt to reach a balance in the domestic gasoline and diesel markets, the Russian government will now be requiring the country’s oil producers to sell more fuel at exchange auctions. “Oil companies will have to sell more fuel at exchange auctions. The decision is aimed at maintaining a stable situation in the domestic gasoline and diesel market in the conditions of seasonal increase in demand,” reads a statement published on the website of the Russian government. According to the statement, the chan
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