Volume 11 - Volume 11
Influence of the Main Economic Factors on the Diesel Fuel Pricing
Abstract
The article considers the features of diesel fuel pricing and studies the correlation level between the
price of diesel fuel in Russia, its gross domestic product, the price of oil and the volume of diesel fuel
production. As a result, it concludes, that according to the correlation matrix, all regressors effect
the price of diesel fuel, i.e. real GDP, the price of oil and the volume of diesel fuel production
correlate with the price of diesel fuel. The existence of a correlation between regressors is also noted.
Paper Details
PaperID: 2121
Author's Name: Ilya Alexandrovich Davydov
Volume: Volume 11
Issues: Volume 11
Keywords: World Market, Diesel Fuel, Pricing, Oil, Oil Industry, Refineries, Oil Refining Industry, World Market of Diesel Fuel, World Economy.
Year: 2021
Month: June
Pages: 467-479