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Putin discontent with growing oil product prices when oil prices fall

December 09, 2014, 16:39 UTC+3
Russian President Vladimir Putin ordered the controlling bodies to constantly monitor prices in the country
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© Alexander Ryumin/TASS

MOSCOW, December 9. /TASS/. Russian President Vladimir Putin said on Tuesday he was discontent with growing prices for oil products when oil prices were falling.

“Some things raise questions. For instance, the prices of oil products grew by 10% as of December 1 whereas world oil prices fell by 35%,” the Russian president said.

Putin ordered the controlling bodies to constantly monitor prices in the country. “With your methodological guidance (by the Economic Development Ministry), the controlling organizations will constantly monitor this issue to prevent market players’ actions that cannot be explained by any objective circumstances,” Putin said.

Putin on Tuesday thanked the government for the prompt response to the head of state’s address to the parliament. Putin signed a list of instructions made public on Friday, December 5. This week Russian Prime Minister Dmitry Medvedev has signed the list of instructions on concrete tasks set by the president.

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