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Russian market is fully provided with fuel — Novak

The upgrade of refineries is a significant factor of saturating the internal market, the official noted

MOSCOW, November 22. /TASS/. The Russian domestic market is fully supported with fuel for the time being, Deputy Prime Minister Alexander Novak said.

"Commodity exchange [gasoline] prices dropped by 15-20% from the third decade of September with the subsequent lowering of small wholesale prices. The domestic market is now provided with fuel in full scope. The price difference between jobber gas stations and vertically integrated companies has contracted," Novak noted.

The upgrade of refineries is also a significant factor of saturating the internal market, he added.