OREANDA-NEWS Vertically integrated oil companies in the Russian Federation are keeping retail fuel prices within previously agreed parameters close to the inflation rate, the Russian government has announced. 

It is noted that Russian Deputy Prime Minister Alexander Novak held a meeting on the situation on the fuel market.
"The FAS is actively working to curb violations of antimonopoly legislation. To date, 55 cases have been initiated, 83 warnings have been issued, of which 51 have been executed. It was noted that vertically integrated oil companies are keeping retail fuel prices within the previously agreed parameters close to the inflation rate," the report said following the meeting.