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The petroleum products marketplace "Open Oil Market" plans to go public through an IPO.
... clients. How this will affect the industry and what prospects await are still to be seen.
MOSCOW, September 27 - PRIME. The oil products marketplace "Open Oil Market" (a Skolkovo resident) plans to conduct an initial public offering (IPO) on the stock exchange in the first half of 2027. The company is currently focused on pre-IPO activities, raising 1 billion rubles for the development and scaling of the project, the company's press service told RIA Novosti.
"At the moment, Open Oil Market JSC is conducting ...
B2B Marketplaces: A Modern Solution for Raw Material Trade
... sector. Let's explore how these platforms operate, their benefits for suppliers, buyers, and carriers, and why Open Oil Market is becoming a convenient solution for all participants... ...
B2B Marketplaces: A Modern Solution for Raw Material Trading
Can you buy petroleum products in bulk today as easily as ordering a book from an online store? Just a short... ... Ozon, or Yandex.Market, where sellers offer products directly to end consumers. It is focused on wholesale sales between legal entities. On such a platform, one supplier...
Energy Sector News - Friday, August 15, 2025: Alaska Talks - A Chance for Cooperation; Gasoline Export Banned Until Fall
... balance in supply. Thus, coal continues to represent a significant share in the global energy balance and will remain an important component of energy supply in the coming years, even as some countries accelerate their energy transition.
Russian Oil Products Market: Measures to Stabilize Fuel Prices
In the domestic market of Russia, the situation with fuel remains a focus for the government. In early August, wholesale gasoline prices continued to rise against high summer demand and limited supply, prompting authorities to extend and strengthen market regulation. On August 14, Deputy Prime Minister Alexander Novak held a meeting on the situation in the domestic petroleum products market, resulting in a series of measures to normalize ...
Why is the trade in petroleum products moving to digital platforms?
... the Key to High Competition and Low Prices
Currently, about 95% of deals in the small wholesale market (the final consumer market) take place offline, as described above. Key players are not eager to change this situation: large manufacturers are focused on long-term contracts with big clients, while traders, in an environment of "low visibility," can dictate terms to customers and maintain high price levels.
Therefore, the consumer in the small wholesale market (which represents 3 trillion rubles a year, or 50% of the petroleum products trade) ends up with products at the highest prices (often 20-30% above market prices), often lower quality, and with significant time costs: each deal can take dozens of hours and carries numerous risks, primarily for buyers.
However, petroleum ...
The First White House Report on Digital Assets: Opportunities and Risks for Investors
... attract new institutional capital.
New Products and Services.
With government support for innovation, the launch of various crypto products will accelerate. In the near future, exchange-traded funds linked to cryptocurrencies and tokenized securities may arise. For investors, this expands the range of available tools—from stablecoins to DeFi applications.
Strengthened Dollar in the Digital Environment.
The U.S. focus on dollar-backed stablecoins ensures the dollar's ongoing role in the global digital economy. The dominance of USD stablecoins ...