DOI: 10.36871/ek.up.p.r.2021.04.01.011
UDC 338.5

Authors

M. E. FILKIN,
Candidate of Economic Sciences, Senior Researcher of the Central Economics and Mathematics Institute of RAS, Energy economic problems laboratory Moscow, Russia

Abstract

The article is devoted to the analysis of retail gasoline prices in Moscow in the period after the start of the spread of coronavirus infection. We analyze the statistical data on changes in wholesale and retail prices for the main brands of gasoline and diesel fuel during the pandemic. Empirical data reveal the effect of the damper price regulation mechanism, which makes it possible to soften the reaction to sharp fluctuations in world oil prices. It is shown that positive and negative price shocks in the world oil market during the pandemic smoothed out at the level of wholesale prices for oil products in Russia, and practically neutralized at the level of retail prices.

Keywords

gasoline, retail prices, pandemic, damping mechanism, wholesale prices, oil products, Moscow, fuel exchange.