As time has shown, in the world, with an increase in oil prices, gasoline prices may not necessarily increase. The price of fuel for consumers is formed from several indicators. One of the most important indicators is the fuel tax; in some countries it can reach 60%. 

According to the Federal Antimonopoly Service of Russia, the tax is about 65% per liter of fuel sold.

Also in Russia there is a law on amendments to the Tax Code of the Russian Federation, which regulates the gradual increase in excise taxes on fuel. And that's not all - in the period from 2015 to 2017 there was an increase in the extraction of minerals.

So, we advise the modern driver to always be interested in gas prices at the right time, so that there are no surprises.

According to the FAS Russia, the price of fuel may vary due to:

  • tax increases;
  • seasonal demand for oil and oil products;
  • growth in industry costs;
  • non-stability of the refinery;
  • rising world prices;
  • the dynamics of the production of petroleum products by oil companies;
  • terms of delivery and purchase by small companies.

In the OilDrop application, prices for gas stations in Moscow and St. Petersburg in the Finance section are always available for you online. Also in the news feed you can view financial market news and analyze the situation.