... B2B consumer in small wholesale (e.g., an agricultural or construction company)? Let me simplify the chain of interactions: Fuel is produced at oil refineries (refineries) and then sold through the St. Petersburg Commodity Exchange at the lowest market price. Large companies (e.g., Russian Railways) that use petroleum products for their own needs are among the buyers, as are large traders who purchase volumes for resale. The large traders then add their markup and sell the products to smaller intermediaries, "mid-level" traders. These traders,...

... particularly rapid growth. These platforms enable sellers to showcase their products and quickly connect with buyers. Launching Our Marketplace A bit of background on why we decided to create our own marketplace: Oil Resource Group has been active in the petroleum products trading market since 2014. Today, our group operates in both domestic and export markets, dealing in oil, petrochemicals, grain, and petroleum products, as well as providing industry-specific IT solutions. To expand sales channels, reduce the workload on managers,...

... primarily exports light and ultra-light (shale) oil. "India mainly purchases medium-sulfur Russian Urals oil, from which large refineries achieve a good yield of various petroleum products, including diesel fuel. A significant portion of these petroleum products is exported by Indians to external markets, including to the U.S. and the EU. In some cases, Indian petroleum products made from Russian oil have even replaced Russian products in the European market," says Igor Yushkov, an expert at the Financial University under the Government of ...

... in response to recovering demand. Expert Commentary: “In this regard, the threat of new tariffs against India and China is a good informational reason for further increases in quotas,” noted Sergey Tereshkin in an interview with Forbes . Russian Market for Petroleum Products: Exported Banned, Prices and Budget Under Control The internal fuel market in Russia continues to enforce a complete ban on the export of certain petroleum products, primarily automotive gasoline. The government previously extended ...

Tereshkin: Reducing fuel excise taxes in Russia could help increase the profitability of production (Prime). Reducing excise taxes on fuel could boost the profitability of production and sales of petroleum products, as well as stop the rising prices. Sergey Tereshkin, the CEO of the fuel marketplace "Open Oil Market," pointed out that excise tax rates have increased significantly in recent years, which negatively affects the industry. He also suggested that the ban on gasoline exports could be lifted in November, provided retail prices are kept under ...