What are you looking for:
Media
The longer the ban on gasoline exports lasted, the fewer incentives oil companies had to curb prices, which is why the government decided to ease restrictions. However, the market is in urgent need of new solutions that go beyond subsidies and export restrictions, believes Sergey Tereshkin, CEO of Open Oil Market (Forbes).
The export of gasoline from Russia may be allowed for two months, from December 1 of this year until January 31, 2025. This information is provided by the newspaper "Kommersant," citing sources. Experts interviewed by "Rossiyskaya Gazeta" believe that this period for allowing exports is the most optimal and will not harm the domestic market. Comment from Sergey Tereshkin for "Rossiyskaya Gazeta."
Sergey Tereshkin's Opinion on a Fairer System of Damper Payments for Oil Product Manufacturers (RBC Companies).
Sergey Tereshkin's article addresses issues related to improving the efficiency of the damper mechanism for the oil industry. He examines problems associated with using European market quotations for calculating subsidies, despite the embargo and export restrictions. The author suggests tying payments to domestic fuel prices, which would allow for a more accurate reflection of the current economic situation and eliminate uncertainties in industry regulation. The article also touches on pressing issues of subsidies and government regulation.
Sergey Tereshkin's article addresses issues related to improving the efficiency of the damper mechanism for the oil industry. He examines problems associated with using European market quotations for calculating subsidies, despite the embargo and export restrictions. The author suggests tying payments to domestic fuel prices, which would allow for a more accurate reflection of the current economic situation and eliminate uncertainties in industry regulation. The article also touches on pressing issues of subsidies and government regulation.
Tereshkin: Electrification of Transport Will Restrain Oil Demand in China. Opinion Piece for "Izvestia".
Expert Sergey Tereshkin, in an interview for Izvestia, noted that in the long term, the electrification of transport will impact oil demand in China. Specifically, the growing share of electric vehicles and the shift toward gas-powered freight transport could significantly reduce the need for oil. He also emphasized that the savings on oil achieved through electric cars could be comparable to the current volume of maritime oil shipments from Russia. Moreover, potential easing of sanctions could affect the structure of oil supplies to China.
Expert Sergey Tereshkin, in an interview for Izvestia, noted that in the long term, the electrification of transport will impact oil demand in China. Specifically, the growing share of electric vehicles and the shift toward gas-powered freight transport could significantly reduce the need for oil. He also emphasized that the savings on oil achieved through electric cars could be comparable to the current volume of maritime oil shipments from Russia. Moreover, potential easing of sanctions could affect the structure of oil supplies to China.
In the Fall, Retail Gasoline Prices in Russia Rise at the Fastest Pace of the Year — An Analysis of the Reasons. A Column by Sergey Tereshkin for RBC.
In the fall of 2024, prices for gasoline and diesel fuel in Russia are increasing due to several factors. The primary reasons include a rise in global oil prices, seasonal demand fluctuations, maintenance at oil refineries, and restrictive measures on fuel exports. Inflation and changes in fuel market regulations are also playing a role. Experts predict that prices may stabilize as seasonal factors subside
In the fall of 2024, prices for gasoline and diesel fuel in Russia are increasing due to several factors. The primary reasons include a rise in global oil prices, seasonal demand fluctuations, maintenance at oil refineries, and restrictive measures on fuel exports. Inflation and changes in fuel market regulations are also playing a role. Experts predict that prices may stabilize as seasonal factors subside
The government only managed to announce the possible lifting of the ban on gasoline exports from Russia, and within ten days, the stock prices of AI-92 rose by almost 5%, and AI-95 by 7%. Naturally, concerns arose that the resumption of gasoline exports would accelerate its price increase, including at the retail level, where prices continue to rise this year, despite the traditions, at the end of the year, after the high-demand period has passed. A comment by Sergey Tereshkin for Rossiyskaya Gazeta.
The Ministry of Energy has proposed lifting the ban on gasoline exports from Russia. This has become possible due to stable prices in the domestic market, stated the head of the ministry, Sergey Tsivilev. Comment by Sergey Tereshkin for "Rossiyskaya Gazeta."
Russian Vice Prime Minister Alexander Novak announced the possible lifting of the ban on exporting AI-92 gasoline, depending on domestic supply. The initial ban, enforced in March 2024, aimed to prevent fuel price hikes. Experts argue that as demand drops, exports can resume, monitored by the government. Sergey Tereshkin, CEO of Open Oil Market, adds that delays in export removal could harm pricing incentives. Diesel fuel prices remain stable despite seasonal pressures on winter grades.
Sergey Tereshkin: The rate of gasoline price growth in Russia by the end of the year will be lower than in the summer (Prime news agency).
An expert has forecasted the dynamics of gasoline prices in Russia through the end of 2024. An article published on the website Sergeytereshkin.ru analyzes the key factors influencing fuel costs. These include the situation in the global oil market, domestic price regulation policies, and seasonal fluctuations in demand. The specialist noted that sharp price spikes are unlikely, although certain growth trends are possible.
An expert has forecasted the dynamics of gasoline prices in Russia through the end of 2024. An article published on the website Sergeytereshkin.ru analyzes the key factors influencing fuel costs. These include the situation in the global oil market, domestic price regulation policies, and seasonal fluctuations in demand. The specialist noted that sharp price spikes are unlikely, although certain growth trends are possible.
The Deputy Prime Minister Alexander Novak has suggested a partial lifting of the ban on gasoline exports in case signs of oversupply are confirmed. This concerns only the AI-92 grade. The ban on the export of any gasoline is currently in effect until the end of the year. Comment by Sergey Tereshkin for RBC.
The company plans to reduce delivery times and fuel costs through this initiative. Comment by Sergey Tereshkin for "Vedomosti."
Wildberries has announced the launch of its own network of gas stations (GS) at its logistics centers. Currently, the stations are only available for the company's drivers, but in the future, they may become available for partner delivery services. This expansion aims to reduce fuel costs and speed up delivery processes. Experts note that this step is part of the company's strategy to increase profitability in the face of economic instability. For more details, visit the company's website.
Wildberries has announced the launch of its own network of gas stations (GS) at its logistics centers. Currently, the stations are only available for the company's drivers, but in the future, they may become available for partner delivery services. This expansion aims to reduce fuel costs and speed up delivery processes. Experts note that this step is part of the company's strategy to increase profitability in the face of economic instability. For more details, visit the company's website.
Expert Tereshkin: Diesel Fuel Prices in Russia Will Stabilize by December (Prime Economic News Agency)
In the article "Russians Informed When Diesel Prices Will Stabilize in Russia," Sergey Tereshkin, General Director of the "Open Oil Market" petroleum products marketplace, predicts that diesel fuel prices will stabilize by December 2024. He attributes the current price increase to seasonal factors, such as the transition to winter diesel fuel and a rise in automotive freight transportation. According to Rosstat, freight turnover in the automotive sector increased by 7.7% over nine months, which also affects the demand and cost of diesel fuel. Tereshkin notes that prices will stabilize once the transitional period ends.
In the article "Russians Informed When Diesel Prices Will Stabilize in Russia," Sergey Tereshkin, General Director of the "Open Oil Market" petroleum products marketplace, predicts that diesel fuel prices will stabilize by December 2024. He attributes the current price increase to seasonal factors, such as the transition to winter diesel fuel and a rise in automotive freight transportation. According to Rosstat, freight turnover in the automotive sector increased by 7.7% over nine months, which also affects the demand and cost of diesel fuel. Tereshkin notes that prices will stabilize once the transitional period ends.