Found: 218

Multi-Sided Platform For Instant Purchases And Sales In Commodity Markets

... energy technologies, geopolitical upheaval, COVID-19 pandemic - all of this, to one degree or another, has an impact on the global market of oil products. Such problems induce market participants to look for ways of creation strong, mutually beneficial relations between ... ... understanding of the unit economics of the transaction by participants in the oil market and lack of the possibility to monitor prices in the market. Insufficient speed of settlement of the transaction when trading products and significant communication ...

In the marketplace, the chain of traders in the fuel sales market disappears.

The CEO of "Oil Resource Group," Sergey Tereshkin, in an interview with RBC+, spoke about how ... ... buyer and the seller can see everything happening during the purchase process: the price at which the fuel was bought, the stage of shipment, etc. Thanks to reduced costs... ... fuel costs. Therefore, reducing the supply chain and lowering the cost of the process globally affects the cost of many things around us. Often, there are between three and...

Current Situation: The USA Aims to Capture up to 70% of the European Energy Market

Discussing how the USA plans to capture up to 70% of the European energy market and what it means for Europe and global energy dynamics. The United States aims to capture a dominant share of the European energy market. Under a framework agreement ... ... reliance on Russian energy supplies. Experts believe that achieving annual exports worth $250 billion is feasible only if the price of American energy resources for European consumers increases sharply, particularly for oil, which is estimated to need to rise to at least $120 per barrel. However, in the medium term, this agreement may yield counterproductive ...

An expert named the average price of Brent crude oil in 2024.

... $80 per barrel (Prime news agency). Analysts forecast the average price of Brent oil in 2024 to be around $85 per barrel. What factors will influence the market? How will supply and demand change? And what does this mean for Russia's economy and the global energy sector? Find out more in our article. MOSCOW, October 12 - PRIME. The average price of Brent crude oil in 2024 will be just under $80 per barrel. On one hand, it will be influenced by the slowdown in oil demand in the transportation sector and the growth of production outside OPEC+, while on the other hand, it will be affected by rising tensions in ...

Regulatory Costs: Can the Rise in Gasoline Prices Be Stopped? (FORBES)

... reaching 719,300 units—approaching the pre-crisis levels of the first half of 2021 (793,400 units). Another factor driving price increases is the resumption of gasoline exports, which became effective on May 17. According to S&P Global Platts, Russia's maritime gasoline exports rose from 99,000 barrels per day (bpd) in May 2024 to 150,000 bpd in June, with gasoline's share in Russia's total maritime petroleum product exports increasing from 4% to 7%. While fuel oil and diesel continue to dominate Russian petroleum exports, the increased gasoline exports amidst production cuts heighten ...