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Barrel of convenience

29 August 2023

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department

Sergey Kondratiev, Principal Director on Economic Studies at the Institute for Energy and Finance, commented on the wholesale prices dynamics for petroleum products in Russia to the Kommersant newspaper.

Sergey Kondratiev does not rule out that the wholesale price of fuel, which is at record highs, may begin to stabilize in the fall. At the same time, he notes that retail prices will continue to rise, as independent gas stations often operate with minimal margins already now.

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department
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