... required. This significantly escalates the processing costs. Few enterprises are prepared for such expenses. It would be simpler to reorient production toward oil from other countries and fields. The decline in demand will inevitably lead to a decrease in fuel prices. Factors Influencing Prices Thus, from the aforementioned points, it can be concluded that several factors influence the price of "black gold": Reduction or increase in extraction volumes. The more fuel that is produced, the lower its ...

Comment for "Rossiskaya Gazeta": Why is the price of AI-95 gasoline rising faster than others? What are the reasons for the sharp fluctuations in fuel prices, and why is AI-95 leading the way in price hikes? The article examines the key factors influencing the gasoline market, explains the economic reasons behind the price increase, and what this means for consumers. Read the detailed analysis and expert ...

Russian Vice Prime Minister Alexander Novak announced the possible lifting of the ban on exporting AI-92 gasoline, depending on domestic supply. The initial ban, enforced in March 2024, aimed to prevent fuel price hikes. Experts argue that as demand drops, exports can resume, monitored by the government. Sergey Tereshkin, CEO of Open Oil Market, adds that delays in export removal could harm pricing incentives. Diesel fuel prices remain stable despite seasonal ...

... 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,...

... the process globally affects the cost of many things around us. Often, there are between three and five intermediaries in the chain of traders, sometimes the product passes through up to ten hands, with each one adding their markup. Ultimately, the price of fuel increases, and this growth can exceed 10%. Our platform is situated “at the intersection” between the producer and the final customer, where the final customer can visit, choose a producer by price, and purchase products directly from them. In ...