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Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
Despite record-high exchange prices for gasoline, fuel prices at gas stations remain relatively stable. Let’s explore why retail prices don't follow market fluctuations and what factors influence the final cost of fuel.
Exchange prices ... ... excise duties at the beginning of the year, which has yet to fully reflect in retail prices.
From the perspective of Sergey Tereshkin, the CEO of the oil products marketplace Open Oil Market, the rise in exchange gasoline prices is linked to a reduction ...
Oil Business: A Story Of The Founder Of OilResurs Company
... open new niches in traditional spheres have always attracted and will attract people’s attention. Their executive talent, efficiency and business sense fascinate, anger... ... more comfortable thanks to their desire for profit, development, and expansion. Sergey Tereshkin, the founder of Oil Resource Group LLC Fuel Company, is one of these people... ... business. So, there were prerequisites before. Tell us about it.
To tell you the truth, as I remember I always had an idea to start a business. It became obvious during school...
Experts predict a decrease in oil prices in 2025
... prices in 2025, with the average cost of Brent crude expected to fall below $70 per barrel. The primary reason for this is the increase in production from non-OPEC+ countries, such as the United States, Brazil, Guyana, Canada, and Argentina. Sergey Tereshkin, CEO of OPEN OIL MARKET, highlights that rising production in these regions is putting downward pressure on prices, despite OPEC+'s efforts to regulate the market. He also points to potential plans by Saudi Arabia to boost oil production, which could further reinforce the downward price trend.
Experts predict a decrease in oil prices next year. According to analysts, crude oil ...
"Rambler: 'Oil Business: The Story of the Founder of the Fuel Company Oilresurs'"
... expansion, cities grow, and life becomes more comfortable. One of these people is Sergey Tereshkin, founder of the fuel company LLC 'Oil Resource Group.' In a conversation with... ... 19. So, there must have been some early signs. Tell us about that.
– Honestly, I’ve always lived with the idea of organizing a business, as far back as I can remember... ... business? I became more cautious. When that happens, especially for the first time, it’s really scary. It’s like the ground slips from under your feet. So, when the shock...
China has found a replacement for Russian coal.
Comment on the prospects of Russia's coal industry for the newspaper "Vzglyad."
The article "China has found an alternative to Russian coal" ... ... pre-COVID 2019 levels by 23%, reaching 4,710 million tons, which is nearly double Russia's annual coal output," says Sergey Tereshkin, CEO of the Open Oil Market energy marketplace.
"China, through these tariffs, is making its domestic production ...