Will There be Only Market Prices for Fuel?

As reported by MarketLeader(US)


Russian Prime-Minister Vladimir Putin demanded that no speculation and corporate collusion should be allowed in the fuel and lubricants market in the country.

"Prices should be market-based, economically reasonably. As I already said we have no intention to undermine the business of our il companies. However, we need to rule out any speculation and any corporate collusion, – Vladimir Putin said during a meeting with Russian Minister of Energy Sergey Shmatko. – The price should be based on market demand and supply rather than set by administrative measures". More Read...

 

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