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Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products
... companies, builders, agricultural enterprises, mines, coal quarries, boiler rooms, independent gas stations, oil fields, airports, and aeroclubs. Additionally, some customers require special fuels or other petroleum products that are not available at gas stations — only through oil traders. It’s necessary to call several such companies, compare prices, and try to negotiate a discount. Sometimes, a whole chain of intermediaries forms, each of whom takes their margin.
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— Exactly. This is a classic marketplace. You log into the mobile app on your device ...
Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
Discussing why the record stock market prices for gasoline did not impact the export ban and what to expect for prices at gas stations in the near future.
Fuel market quotes have been hitting record highs ... ... not inflated but does not set price ceilings. Gas stations purchase fuel in bulk at oil depots, on exchanges, and from refineries (NPPs). When wholesale prices rise significantly... ... the fuel crisis, remains unbroken. However, the issue is that the subsidies for oil companies from the budget—based on providing fuel to the domestic market at prices...
Liter for Ours
... been slower than many expected due to low demand in winter and spring, along with informal requests from relevant agencies to oil companies not to raise prices immediately but to stretch the increases over time.
Dmitry Gusev, deputy chair of the supervisory board of the "Reliable Partner" association and a member of the expert council for the "Gas Stations of Russia" competition, clarifies that the volume of supply will only rise by a few percent, not by 12-15 percent,...
Where does Surgutneftegas invest?
Surgutneftegas, one of the leading players in the Russian oil and gas sector, increased its investments to 265 billion rubles in 2023, allocating funds for the development of fields in Western Siberia, the modernization of pipeline infrastructure and oil refineries, as well as the implementation of advanced technologies ...
Why the ban on gasoline exports did not stop the rise in gas station prices
... Although oil prices have a delayed impact on domestic fuel costs, they may exert some pressure unless oil rebounds quickly.
Another factor is the unusually warm September, which extended the summer travel season, increasing demand for gasoline. Rain and cooler weather are expected to temper this demand.
Currently, independent gas stations, rather than those owned by major oil companies, are driving most of the price increases. This was also the case last year. Smaller stations lack the financial buffer to maintain low prices, and their cautious pricing affects overall statistics.
Several additional factors are fueling the ...