Found: 113

Why the ban on gasoline exports did not stop the rise in gas station prices

... expenses, and other factors. Moreover, the weakening ruble has driven up equipment import costs. Scheduled maintenance at Russian refineries (refineries) in September is expected to reduce fuel production. Analyst Vladimir Chernov of Freedom Finance Global notes that to counteract potential shortages, refineries increased ... ... mandates, as current rules combine all grades, leading to disparities. According to Sergey Tereshkin, CEO of the Open Oil Market platform, the faster price growth for AI-98 and above is tied to infrastructure damage at refineries, specifically to high-octane ...

Experts assessed the consequences of lifting the ban on gasoline exports

... this year primarily as a preventive measure against potential fuel price increases, not only for gasoline but also for diesel fuel (DF). Most of the gasoline produced in Russia is intended for the domestic market, with no more than 15% being exported. The situation with DF is different, as up to half of the production volume is exported.... ... Russia" competition, reopening exports is justified given the end of the high-demand season and the production capacities of Russian ORs. Should prices rise rapidly, the government retains the right to reintroduce the ban. Gasoline production volumes ...

Why is the trade in petroleum products moving to digital platforms?

... Digitization = Lack of Transparency How does the process of buying and selling petroleum products look today for the end 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" ...

Oil Flood of Russian Railways: Tank Cargo Owners Gain Government Support in the Battle for Priority Access to Railroads

... Oblast. Currently, if some refineries are under maintenance, oil products must be transported from neighboring refineries. These products are delivered by rail. Such interchangeability of refineries is only possible with the efficient operation of Russian Railways (RZD) in transporting oil products. Stabilizing the fuel market and preventing a repeat of last year’s fuel crisis are now among the government’s priorities. Maintaining transportation priority reflects this. They might even push coal aside if necessary. However, coal shipments are primarily for export,...

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

... partners. Later, I decided that in our resource-based country, the most promising area is working with raw materials. I joined a fuel company to get a better understanding of the industry and the market. In 2014, I left it and, together with my current business partner, founded "Oil Resource Group." We saw our task as introducing new business solutions to the traditional Russian market. The implementation of digital technologies has always been the driver of our growth, enabling a 100-200% increase ...