According to the "Algorithm" yesterday's rebound ended today with a correction to the downside. Not very sharp, but the impression of the failure to create a refinery of LUKOIL - Volgograd, Nizhny Novgorod, Perm, Ukhta refinery, which the company lowered the wholesale price from 500 to 1 000 R/tn.

On the other refineries, the downward correction was not so easily impressed. At the Ryazan and Moscow refineries correction was 60-500 R/t. Cheaper gasoline in Samara and Ufa. And only at the Yaroslavl refinery continued growth: Ai95 with good demand - 1 200 tons - has risen by 460 R/t, Ai92 – 780 R/t. The impression that the gasoline indexes are in the phase of recession, which after some time suddenly, like previous ones, will end on the next rebound, and then cycles the decline, rebound, recession-rebound" will be repeated on the main movement of the gasoline index to the lows of the year.

However, domestic gasoline prices fell to export parity prices. The Russian market has ceased to be sverhpredelna regarding exports.

In such circumstances, manufacturers can increase exports, to remove the excess from the market the gasoline and reduce the pressure on prices. To it resorted to the oil companies in October last year.

Then under similar circumstances the volume of exports of gasoline in Oct flashed to 3.6 million tons, while that in the remaining months of the year were exported not more than 950 thousand tons, and the average for the year per month exported about 750 thousand tons of gasoline. This measure, the oilers managed to keep the falling indexes until mid-November.

In the segment of diesel fuels balance domestic prices with export was established in mid-August, to the present day producers support this balance, supporting the award of the internal market of the order 1 000 - 1 500 R/t. Here there would be no surprises, except the transfer of the production of fuel from summer to winter varieties. Today almost all of the refinery started the implementation of seasonal and winter fuel. At the start of sales for the sellers normally inflate prices, but because they are competing prices summer varieties at the same refinery, then after some time, the market eliminates the distortions and rates of the winter, the off season and summer, are arranged in a logical sequence according to the forecasts of meteorologists and readings of the thermometer outside the window.

Kerosene was trading without certain dynamics.

Oil on good demand rose in price. The average increase in oil prices today was 100 R/t, and at the Moscow oil refinery deal with fuel oil has risen 240 R/t.