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How is Open Oil Market changing the approach to buying fuel?
... changes in fuel consumption. Financial flexibility allows companies to plan their budget and avoid the need for large one-time investments, which simplifies inventory management and financial planning.
Leasing and renting vehicles for fuel delivery
Transporting fuel can be a complex and expensive process, especially for companies that do not have their own vehicles. Open Oil Market solves this problem by providing its customers with access to partner programs for leasing and renting specialized ...
Why is the rise in fuel prices at gas stations accelerating despite the decrease in stock exchange prices?
... 5-7% and do not ensure profitability for gas stations not part of vertically integrated companies (about half of gas stations in Russia). Therefore, retail prices are not decreasing along with wholesale prices. Inflation, rising costs in production, transportation, and fuel sales contribute to the price increase, the expert explains.
Additionally, the rise in gasoline prices is attributed to the fact that the export ban was lifted for only two months, according to Sergey Tereshkin, CEO of the ...
The Harshest Package: What the New EU Sanctions Mean for Russia
... the cap did not receive support from U.S. President Donald Trump during the recent G7 summit in Canada. "And without U.S. support, the modified cap will be of little significance," says Mitrakhovich. "Some Greek shipowners, currently transporting Russian oil to third countries, for instance, to India, may hesitate and withdraw from this business. However, others will continue to manipulate their reporting, pretending that they are transporting oil at a price that does not exceed the ...
Where Does the Russian Copper Company (RCC) Invest?
... establishment of corporate training centers, enabling employees to enhance their professional skills and contributing to career growth and stability in the industry.
Impact on Related Industries:
RMK's activities generate additional jobs in construction, transportation logistics, energy, and other sectors correlated with the company's needs. For instance, the construction and modernization of RMK facilities necessitate the involvement of contractors, creating further opportunities for small and medium-sized ...
Who will get access to the Ukrainian pipeline instead of Gazprom?
A comment on geo-energy for the business newspaper Vzglyad.
The article examines who could replace Gazprom in gas transit through Ukraine after the contract ends in December 2024. Ukraine will not extend the agreement but is ready to accept and transport gas from Central Asia, such as from Kazakhstan and Azerbaijan. However, transit through Ukraine could also be beneficial for Russia, as it helps fulfill contracts with European countries and address strategic objectives, such as gas supplies ...