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Novak opposed the introduction of state regulation of fuel prices in the Russian Federation.

State regulation of fuel prices should not be introduced in any case, said Deputy Prime Minister Alexander Novak during a meeting with the LDPR faction.

"State regulation should never be introduced. There will be no gasoline or diesel fuel. And the price, maybe ,will fall, it is volatile, " he said, answering a question about the prices of petroleum products.

Gasoline prices on the St. Petersburg International Mercantile Exchange (SPIMEX) on Friday showed a slight downward correction after strong growth throughout the week (local fuel appreciation on the SPIMEX began on March 11). So, Ai-92 by Thursday rose in price by 20.8%, from 38,716 rubles / ton on March 11 to 46,785 rubles / ton on March 17. However, on Friday, the price of fuel went down-by 2.3%, to 45731 rubles / ton ,( as a result, the weekly increase in the cost - 18.1%). The cost of Ai-95 increased by 20.7% over the week, from 41873 rubles / ton on March 11 to 50523 rubles / ton on March 18. On Friday, the price of 95th gasoline also corrected down, but only by 0.1%.%

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