Support The Moscow Times!

Gas Prices Ease Up

Russian drivers paid 0.7 percent more at the pump last month, the first time prices had risen since last November, Interfax reported Friday, citing the State Statistics Service.

Gasoline prices were flat in March after dipping 0.3 percent in December through February.

Energy Minister Sergei Shmatko said in mid-January that an agreement had been reached with oil companies to "freeze" their fuel prices at the end-2011 level. Apparently, that agreement expired last month. Compared with April of last year, gasoline prices were up 12.1 percent.

(MT)

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.