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In October, the profitability of wholesale sales of gasoline and diesel fuel in Russia fell by 17% and 6% respectively, writes Kommersant. Oil refinery margins are being pressured by a reduction in the calculated bullion and worsening conditions in the world market. Analysts estimate that sales profitability may drop by almost half in the fourth quarter, although government payments will offset some of the company's losses.

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In October, the profitability of wholesale sales of gasoline and diesel fuel in Russia fell by 17% and 6% respectively, writes Kommersant. Oil refinery margins are being pressured by a reduction in the calculated bullion and worsening conditions in the world market. Analysts estimate that sales profitability may drop by almost half in the fourth quarter, although government payments will offset some of the company's losses.

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