Readers of our releases frequently asked questions related to the unusual behaviour of wholesale prices for petroleum products, which was reflected in vigorous growth in December, and how this anomaly is reflected and manifested to the end of the year on the behaviour of retail prices.

Indeed, petrol prices at filling stations are usually squatted in the winter during a time of low demand from the population, awakened in the spring and went on record in summer days. But this year is an exception. The upward movement in wholesale prices began in late October, retail began to readjust to the wholesale market only a month later.

Wholesale prices rose by 9%, retail – 1.1%. Wholesale prices have calmed down, but retail still continue to grow up. The way of the market. Retail prices do not react to current market conditions in the wholesale segment, but accumulate all the growth factors that allows them to continue "don't look back".

That's why they always only grow. With rare exception, are reduced. But such rare cases coincide with the tectonic shifts in the oil market. It is the world financial crisis of 2008-2009 and the crisis of overproduction of oil in 2014.

The SPIMEX

News – Rosneft is not out for sale. The reason is not clear. Environment trader walks version, they say, something is broken on the side of the RDK, but official statements either from exchange or from RDK, especially from Rosneft were reported.

Against this background, halved, exchange momentum. As it turned out, this is the share of Rosneft in the total turnover of the section of petroleum products. Of trades fell Samara, Ufa, Ryazan, Saratov, Siberian refinery, the Achinsk and Angarsk. The number of transactions decreased from 550, which corresponds to the average value for the previous week up to 236 today. The transaction volume in physical terms reduced from 79 to 38 thousand tons, turnover from 2.7 to 1.4 billion.

The absence of the primary bidder did not practically affect the overall picture of the behavior of price indexes, although one would assume a certain azhiotazhnoy in consumer behavior. There was no reaction. On the remaining bases, and that the plants of Gazprom Neft, KINEF, Gazprom, slightly, to 70 R/t, went up a gasoline Ai92. A high-octane Ai95, not counting the trading transaction 60 tons, has maintained the price levels of yesterday.

Slightly more expensive summer diesel fuel in Astrakhan and Yaroslavl, but this is a General trend associated with the end of winter. And demi clothing and winter classes were cheaper.

A similar pattern in segments of kerosene and fuel oil, where transaction prices are on a horizontal trajectory.