Gasoline price may rise 5% in Russia

Read on the website Vestnik Kavkaza

Russia's Deputy Finance Minister Maxim Oreshkin said that under the scenario of $30 per barrel, the price of gasoline in Russia will grow 5%, noting that the price growth will be less than inflation growth, RIA Novosti reports.

Recall that the Russian Government presented to the State Duma the draft law on higher gasoline (two rubles per liter) and diesel fuel excises (one ruble per liter) from April 1st 2016.