As reported by the fuel service "Algorithm", the Committee of the fed, as expected, raised the two-day meeting of the basic interest rate by 0.25%, to 0.75-1% per annum.

Usually, news about the growth rates cause a reduction in commodity prices, as commodities denominated in dollars. However, the oil market, judging by the growth of futures, ignored the news, although probably the rate increase is already priced in the decline in oil futures marked the day before.

However, there was quite intriguing and at the same time encouraging news that the US previously from a threshold rejected any participation in the project of OPEC to stabilize the world oil market, suddenly agreed to hold consultations on this topic. It is reported portal oilcapital.ru.

Of course, a strong statement of the Minister of the Kingdom that his country does not want to endlessly tolerate "freeloaders" at a time when OPEC and the acceding countries to fulfill their commitments to reduce production. The threat of SA to withdraw from OPEC, to launch a new round of price wars for survival, could not remain unnoticed in USA. Of course, we have to compromise, and it will look, eventually, not immediately, but will find. Because D. trump promised the American oil companies support and favorable climate. But if the Saudis once again bring down prices, drilling rigs will have to stopper that does not fit the strategy of the new President. Following the same logic, there are the American bankers. They are on rising oil prices again opened a credit line for shale producers. And now we need to keep the prices to the loans were repaid. That is why, I believe, IEA in the next report favorably described the interim results of the project OPEC: "If the current production level is approved by the Agency – will be supported until June, when the deadline for the deal on production cuts, the market will emerge the estimated shortage of 500 thousand b/d in the first half of 2017 – and carefully adds – unless, of course, nothing will change in terms of supply and demand".

The SPIMEX

Suddenly expensive gasoline. Transaction prices of gasoline Ai95 rose in price from 200 to 500 R/t at all refineries except Lukoylovsky group of plants and Angara NKh. That was the reason, is unclear.

Boost the price of gasoline Ai92 was the lack of offers from Samara group of refineries. Yesterday on this basis it was sold 3 thousand tons of gasoline in a main session and 1 200 tons additional. Today in the glass, as usual, formed a chain of buyers, but not waiting, ran to the other base, which pushed the index upward. As reviews neither exchange nor Rosneft has not been received, tomorrow the intrigue around the "will/will not work" company for auction, could trigger another step of growth.

Diesel, fuel oil and kerosene became cheaper on oversupply.

Photo source: fuelbroker.ru, hyser.com.ua