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What does the new increase in fuel excise taxes mean

... amounting to 1,563 billion rubles. To minimize the risk of price increases in this situation, it is essential to reduce the expenses of oil companies. This includes, in particular, lowering railway tariffs. According to analysts from OPEN OIL MARKET, eliminating the current asymmetry in railway tariffs could become a key measure to curb fuel prices. By equalizing rates for the transportation of coal and petroleum products, it would be possible to offset the impact of rising excise taxes. However, tariff adjustments should be implemented alongside other measures to contain price growth. These measures include maintaining the current corporate ...

How a raw materials marketplace takes away market power from traders

... buyers are still exploring the platform without placing orders, which is normal for a market with high average transaction sizes. Decision-making takes time. Do you plan to expand your product range? Yes, we’re looking at the broader commodities market. We started with oil products due to our extensive experience in this sector. We’ve since added sand and clay for construction companies and motor oils for transporters. Future plans include coal, fertilizers, timber, non-metallic materials, and possibly grain and other agricultural products. We’re actively scaling the platform and attracting investments to support this growth. What’s your investment strategy? How can e-commerce companies ...

VC.RU: "Why the Oil Market Has No Future Without Digitalization"

... Group with a business partner. Even then, we wanted to implement new business solutions in the rather conservative commodities market. Digitalization played a key role in this process. – Where did you begin? – First and foremost, we automated internal ... ... regular prices. It is more convenient for them to order large batches at wholesale prices with delivery. Some clients, such as coal mines or airports, require specialized types of fuel and petroleum products that can only be purchased from oil traders. ...

Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products

.... However, a marketplace for gasoline, diesel, and other fuels is, without exaggeration, a new phenomenon in the traditional market. In August 2020, the company "ORG-Market" was founded, becoming a resident of the Skolkovo Technopark. In just ... ... work site is preferable. For example, these include road construction companies, builders, agricultural enterprises, mines, coal quarries, boiler rooms, independent gas stations, oil fields, airports, and aeroclubs. Additionally, some customers require ...

Investments in Alternative Energy - Features and Risks

... experience in investment, including the energy sphere. You can explore the outcomes of his ventures on the website: Open Oil Market. Characteristics of Alternative Energy Energy plays a fundamental role in the development of a country's economy, industry,... ... provide investors with stable income over the long term. Moreover, investing is not constrained by geography, unlike oil, gas, or coal. Energy can be generated in virtually any corner of the Earth. Prospects of Alternative Energy When selecting a sector for ...