Opinion: The price of petrol A-95 can grow by the end of summer more than UAH 1 per liter in the absence of agreements with the oil
Jul 2nd, 2009 | By admin | Category: Main Newsprice of petrol A-95 can grow by the end of summer more than UAH 1 per liter, if the government does not reach agreements with the oil, and in the case of the unstable situation in the foreign exchange market. Such a view was the general director of asset management companies INEKO-INVEST Oleg Morkva.
Now the government is negotiating with major oil over changes formula for calculating the price of gasoline, - said the expert .- On the basis of this formula is calculated, and the wholesale and retail prices of petroleum products, which are determined, first of all, the price of oil on the world market. The government wants to persuade the oil gently, that this formula has been modified, and the price increase would not be so significant as in June, when the price of petrol A-95 grew on average by more than 70 cents per liter or 11%.
According to O. Morkvy, if the government reaches agreement with oil, it is possible to stabilize the prices of petroleum products. In this case, the price of petrol A-95 may rise by no more than 50 cents per liter by the end of summer.
Currently, there are some objective reasons for the increase in the price of gasoline: crude oil rose to 70 dollars per barrel., - he said. - In addition, in Ukraine more than 50% of petroleum is imported, and it is possible to adjust prices due to that the price declared at customs at higher settings than the quotes for petroleum products in the European market. On the other hand, in Ukraine there is a demand for gasoline, despite the crisis. And the demand moves the possibility of higher prices. Also, the increase in the dollar will be an additional factor for the growth of prices of petroleum products in Ukraine by the end of summer .
Analysis - Results of the day
Despite the slight decline in Russian stocks, large and panic selling is not
Futures on the VTB in the early hours of the trading was in a positive basis of 55 - 60 points
Data on the U.S. labor market can affect the mood of the players
At 16.00 Moscow time the volume of trades in the market for government securities MICEX was 18.84 billion rubles
It looks like the market sector of the steel industry: NLMK shares increased by 6.3%, Severstal at 2.7%
In the IDC Holding could enter one of the affiliated distribution companies
Since early 2009, Russian Railways has reduced the level of accidents on the railways by 18%
Futures on the SP 500 index falling to 0.6%
