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Gasoline prices are still rising at gas stations, but they are already decreasing on the exchange.
... early as next week.
As noted by Sergey Tereshkin, head of the OPEN OIL MARKET fuel marketplace, exchange prices for fuel have only an indirect impact on retail prices. Over 80% of gasoline sales occur in the off-exchange segment—shipments from refineries and oil depots.
Fuel station prices depend more on taxes and oil companies’ costs than on barrel quotes.
Off-exchange wholesale fuel prices generally follow exchange prices with some delay. For retail prices to respond to a decline in wholesale prices,...
Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products
... whom takes their margin.
— Does your platform offer an alternative?
— Exactly. This is a classic marketplace. You log into the mobile app on your device or through the browser on your desktop computer and see a list of offers from the nearest oil refineries or large traders working directly with the manufacturer.
— What are the main advantages of this procurement system?
— The offer is maximally transparent: you see the price at the moment the fuel is shipped by the supplier, the fuel ...
The budget payments to oil workers will be divided by fuel types.
... The relevant bill has been developed by the Ministry of Finance.
The government plans to change the rules for compensating oil companies from the budget for fuel supplies to the domestic market (the damping mechanism), by dividing them according to ... ... values are exceeded, the damping is nullified.
Gasoline and DF are produced in Russia in different volumes, often by different refineries. Gasoline is primarily produced for the domestic market, with only a small portion exported, while half of Russia's ...
Why is Russia lifting the ban on gasoline exports for only two months?
... saturate the domestic market. Not coincidentally, a few weeks ago, Deputy Prime Minister Alexander Novak mentioned reports of gasoline stockpiling in the domestic market.
Only 10-15% of total gasoline production in the country is exported, but some oil refineries (NPPs) are initially geared towards fuel supply abroad. For them, the export ban was particularly painful.
Stankevich notes that the political and economic situation requires prompt decisions, which explains the limited duration of the "export ...
Wildberries will install gas stations at its logistics centers
... owners).
The profitability of this segment depends on whether Wildberries can purchase fuel on the exchange, where prices are significantly lower than in wholesale. Additionally, in Russia, unlike many European countries, excise duties are paid by oil refineries, not gas stations, which also benefits fuel retail.
Overall, the company is desperately looking for new opportunities to increase the profitability of its core business. This is rational behavior, but a real improvement in the situation ...