Russian regulator demands explanation after one Moscow chain of petrol stations hikes prices by 19%
Russia's anti-monopoly watchdog, FAS, has requested an explanation from major petrol retailer Neftemagistral over a 19% price hike for 95-octane petrol in Moscow.
- Country:
- Russia
Russia's anti-monopoly watchdog on Thursday asked a major petrol retailer in Moscow for an explanation after it hiked prices for 95-octane petrol by 19% in the last week.
FAS, the watchdog, sent the demand to Neftemagistral, a company which runs around 100 petrol stations in the Moscow region and in the capital itself.
The price hike followed Ukrainian drone attacks on a Moscow oil refinery, which supplies the Moscow region with fuel.
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