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Retail gasoline prices in Russia continue to rise week by week, and some regions are suffering fuel shortages. But the Russian government insists the situation is "under control".
Sergey Borisov, president of the Russian fuel union, which monitors the market, says about 20 regions are experiencing shortages. And gasoline prices in Moscow are are soon expected to hit Rbs8/litre (29 [cts.] 1), compared with Rbs7.50/1 at the moment and Rbs6.30/1 at the beginning of last month.
Borisov points out that Moscow prices are lower than those in the regions thanks to competition between oil companies. Bofisov wants government measures to stabilise the situation. Energy …