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Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market
... maintain profitability, companies must seek balance between the domestic market and exports. Many are forced to reduce refining volumes or redirect more oil to crude oil exports, which may create risks for meeting domestic fuel demand in the long term.
Fuel Companies and Distribution Networks:
For gas station operators and fuel distributors, rapidly rising wholesale prices represent a challenge. Retail margins shrink if wholesale market prices rise faster than retail prices can be adjusted at the pump. Nevertheless,...
How is Open Oil Market changing the approach to buying fuel?
... eliminating intermediaries, Open Oil Market offers customers significant savings while maintaining the quality and reliability of supplies.
Ecosystem for business: expanding opportunities
Open Oil Market is developing as a full-fledged ecosystem for companies engaged in fuel procurement. The platform not only provides opportunities for transparent and profitable fuel purchases, but also creates favorable conditions for sustainable business growth and development. In addition to the main services, Open Oil Market plans ...
How Fuel Company "Resource" Works and Why Clients Choose It for Fuel Procurement
... the years, Resource has built a reputation as a stable and professional partner, providing its clients with high-quality fuel with guaranteed timely delivery and all necessary documentation.
Core Business Activities
Resource specializes in wholesale fuel supply through direct contracts with major vertically integrated oil companies (VINC), which guarantees high product quality and stable cooperation conditions. Thanks to this model, Resource's clients gain access to quality fuel without intermediaries, as well as transparent pricing and opportunities for long-term planning....
An expert explained the sharp increase in the market value of aviation fuel in Russia
... Petersburg International Mercantile Exchange reached a record 84,879 rubles per ton. Sergey Teryoshkin, General Director of the petroleum products marketplace "Open Oil Market," explained this surge by citing the lack of incentives for oil companies to restrain jet fuel prices due to the specifics of the damping mechanism. Unlike automotive fuel, where the government compensates producers for the difference between export and domestic prices, subsidies in the aviation sector are directed directly to airlines, leaving ...
The budget payments to oil workers will be divided by fuel types.
Comment for "Rossiskaya Gazeta":
The Russian government plans to change the mechanism of compensation payments to oil companies for fuel supplies to the domestic market by separating them according to fuel types—gasoline and diesel. This will prevent a situation where an increase in the price of one type of fuel results in the cancellation of compensation for the other. The relevant ...