This is a major industry in Russia.

223

There is no special reason. Nothing that happened couldn't turn around next week.

201

Companies are trying to take some action in order to reduce their expenses, so you'll likely see some further mergers and acquisitions.

178

They (drivers) are not going to substantially reduce gasoline consumption.

153

This is such a competitive industry that even with fewer players, it will still be very competitive.

130

Every dollar means two and a half cents a gallon for oil prices. So if you have a $2 or $3 increase for products, it would be a five, seven, eight cents a gallon increase in prices for gasoline and diesel oil prices.

118

People are waiting in line for hours to get gasoline in Venezuela. This is the first time the country has to import gasoline in order to meet its domestic demand.

100

This is a severe but temporary situation. Repairs can be done.

92

While the price is high compared to last year, it's still low in real dollar terms compared to what it was. Adjusted for inflation this is by no means a record price.

87