... ensuring supply reliability and payment flexibility. The Open Oil Market project aims to fundamentally change this picture by providing businesses with a more transparent, convenient and cost-effective way to buy fuel. Transparency in the pricing process: data availability and competitive comparison Pricing in the fuel market has often been closed to most participants: companies without access to privileged conditions could not get the best offers, and often the deals were less profitable. Open Oil Market ...

... diesel fuel has risen by 16%, reaching 59,822 rubles. As of the end of May, according to the Ministry of Energy, the country's commercial diesel reserves amounted to 3.4 million tons, and gasoline reserves stood at 2 million tons. Vedomosti sent additional ... ... primarily due to the fact that the price increase for this type of fuel has exceeded overall inflation. According to Rosstat data, the annual price increase for diesel by May 2024 was 11.6%, while the overall inflation rate was 8.3%. Tereshkin adds that ...

... goes for consumers: if they found it too expensive, they would switch to other types of fuel. The key question here is—if it's too expensive for you, you either don’t buy or postpone the purchase." Daily fluctuations on the exchange are situational,... ... factor in the fluctuation of wholesale prices, regardless of fuel production dynamics, is the size of the subsidies. He cited data from the Ministry of Finance indicating that over the first seven months of this year, payments under the damping mechanism ...

... $60 per barrel, that is, below the ceiling, Bloomberg reported, citing Argus Media data. However, according to Dudchenko, Urals prices are currently around $65 per barrel... ... Russian oil prices poses risks to budget revenues. The IEA has calculated that Russia's oil and petroleum product exports in August were at their lowest level since March... ... have decreased due to several reasons, including concerns about a recession in the U.S. and reduced demand for energy resources in China, as well as a relative temporary...

The upcoming week from December 2 to December 6, 2024, presents a packed economic calendar for investors and traders. Key events include the release of Manufacturing and Services PMI data across various countries, crucial U.S. economic indicators such as the Nonfarm Payrolls report, an OPEC+ meeting that could impact oil markets, and several dividend payments and investor days for major Russian companies. Market participants should closely monitor these events as they may ...