The CEO of the OPEN OIL MARKET petroleum products marketplace, Sergey Tereshkin, comments on the latest decisions by the Ministry of Energy regarding gasoline exports and explains why lifting the ban has become a relevant step. The article examines how the stabilization of domestic market prices ...

... role of these supplies in its national energy security. New Delhi has managed to negotiate more favorable terms: Russian companies are forced to offer an additional discount on Urals oil (around $5 off the Brent price) to maintain access to the Indian market. Consequently, India continues purchasing Russian oil actively on preferential terms and even increases its imports of petroleum products from Russia to satisfy rising domestic demand. At the same time, the country’s leadership is taking steps to reduce reliance on imports in the long term. Prime Minister Narendra Modi announced the launch of a national program for deep-water ...

... lifting of the ban on gasoline exports from Russia when, within ten days, the stock market prices for AI-92 increased by almost 5%, and AI-95 by 7%. Naturally, concerns... ... the export ban. Gasoline exports from Russia account for no more than 15% of total production, the peak demand season in the country is over, and large oil companies have... ... from forced downtime at oil refineries, which led to a reduction in the production of petroleum products. According to Rosstat, total petroleum product production in the...

... should closely monitor price dynamics and consider the risks of diminishing returns. Reevaluating strategies and potential asset diversification can help mitigate the impact of market fluctuations. Insights from Sergey Tereshkin, Founder of Open Oil Market "For buyers of oil and petroleum products, the EIA report on rising inventories in the U.S. provides opportunities for planning and optimizing expenses. In an oversaturated oil market, procurement-focused companies can negotiate contracts with more favorable terms and protect themselves ...

... liquidity days. Additionally, participation in platforms like Open Oil Market can aid in diversifying investments while considering the influence of global factors on commodity prices and currency rates. For Russian companies and investors, Open Oil Market provides access to timely information on oil and petroleum product prices, enabling better navigation of international conditions and responsive adaptations to changes. Although Veterans Day in the U.S. is not a "major" market event, it introduces several factors that investors should consider. The ...