Oil companies began to sell gasoline at a loss
Oil companies have begun to sell gasoline at the exchange at a loss, said the General Director of Agency "analysis of commodity markets" Mikhail Turukalov in a conversation With RBC.
Oil companies have begun to sell gasoline at the exchange at a loss, said the General Director of Agency "analysis of commodity markets" Mikhail Turukalov in a conversation With RBC.
according to his calculations, organizations get a net loss of about 2, 3 thousand rubles per ton of fuel AI-92. From April 13 to April 19 the cost of this brand at the St. Petersburg international commodity exchange fell by eleven %, or 4, 2 thousand rubles, and in the first day of the week, April 20, AI-92 was sold at 35, 77 thousand rubles per tonne in the European part of Russia, said Turukalov.
However, the costs of organizations, which includes the excise tax, payments to the budget at the damper, VAT and met are 38, 07 thousand rubles, which arose unprofitable situation.
on the first day of the week of the may futures for oil of mark WTI for the first time in history fell to negative values, quotes on NYMEX reached minus 40, $ 32 per barrel. Later the price of WTI crude oil has returned to a positive value. Prices for June delivery of black gold Brent crude April 20 dropped to 25, 38 dollars per barrel.
OPEC agreed on 12 April on the reduction of oil production to 9. 7 million barrels per day in may-June, 7, 7 million in the 2nd half and 5 8 million on until the end of April 2022. Base reference took October 2018. For the Russian Federation and Saudi Arabia in the form of a reference point made the decision to take eleven million barrels per day, from which by analogy with all there is a decrease of 23 %, 18% and 14% respectively. On individual terms decided, and Mexico: it reduces production by only 100 thousand barrels per day in may and June, the remaining 300 thousand for it please contract US.
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