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Media: Russia may face shortage of gasoline

Media: Russia may face shortage of gasoline
04.07.2023 14:00
Despite exporting crude oil and oil products, Russia can face a shortage of gasoline, as two million tons of reserves exist only on paper, The Moscow Time said.

According to the information, the gasoline market is in a state of "ideal storm". Since the beginning of the year, stock prices of gasoline in Russia have increased by 70% and reached an all-time high by the end of June.

Reuters said that although the government claims that the production of gasoline in the country has increased, in fact, there is a significant shortage in the wholesale market.





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