... starting in August. These measures aim to ease previous restrictions and saturate the market with additional crude oil volumes. Oil production in Russia reached 9.19 million barrels per day in June, exceeding the OPEC+ quota by 140,000 barrels per day. The increase ... ... end of June. Gas Market: Record Reserves and Stable Prices The European gas market is demonstrating strong filling of storage facilities ahead of the upcoming heating season. According to data from Gas Infrastructure Europe, underground gas storage (UGS) ...

... 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 fuel production facilities. Sanctions on equipment imports mean it will take a long time to address this issue. As a result, annual price growth for gasoline in 2024 is expected to exceed inflation rates, even with seasonal adjustments. Gusev disagrees, asserting ...

... meaning their investment can start returning within a day. Staff. The company comes with a complete staff, which usually remains in place after the transition. Consumer base. The established business has loyal customers who are eager to purchase its products. Facilities and equipment. The company possesses an office, warehouses, and all necessary equipment needed for operations. Documentation. An operational enterprise has accounting and other necessary documentation. Suppliers. When purchasing a ready-made ...

... and Price Stabilization The internal fuel market in Russia continues to enforce a complete ban on the export of certain oil products, primarily motor gasoline. The government has previously extended these restrictions to all producers and traders: from ... ... Reserves and Changes Routes The European gas market is approaching the end of summer with solid stockpile indicators. Gas storage facilities (GSG) in the EU are filled to more than 72% of total capacity by early August, significantly exceeding average levels ...

... year. The plant has always been a major exporter and producer of gasoline. According to Titov, scheduled repairs began at the facility in July. "While the plant is under repair, it won't incur losses from the export ban, and on the other hand, there ... ... at 'Kirishin' [KINEF]. Thus, the export ban was implemented for one month," says Titov. KINEF is a major supplier of oil products for St. Petersburg, as well as the Leningrad, Novgorod, and Pskov regions. Manual Control Last year, the Russian government ...