... market sentiment is attributed to several factors. First, fresh data from the U.S. Department of Energy indicated an unexpected reduction in commercial oil inventories by about 3 million barrels over the past week, signaling robust demand and supporting ... ... the alliance of oil-producing countries agreed to increase production starting in September, and the expectation of additional volumes is moderately cooling the situation. Furthermore, concerns regarding a slowdown in the global economy and weakening demand ...

..., the total value of the shipments is estimated to exceed $20 billion. These figures not only illustrate significant trading volumes but also the enormous economic advantage for China, which is acquiring oil at a reduced price. How This Affects Russia?... ... at substantial discounts, making it attractive to China. As the primary oil supplier to the Middle Kingdom, Russia may face a reduction in its market share. In 2024, China purchased about 90.4 million tons of oil from Russia (+2.2% year-on-year), but increasing ...

... This makes Авито Бизнес an excellent solution for smaller companies looking to expand their reach and increase sales volumes. Flexible Posting Terms Posting products and services on Авито Бизнес is possible under favorable conditions,... ... prices, specifications, and terms. This helps reduce the risks of unprofitable deals and enables the selection of optimal offers. Reduction of Operating Costs and Process Automation Automating the ordering, payment, and delivery processes allows businesses ...

... banks in one place. In 2020, the platform facilitated the sale of 41,000 tons of petroleum products, with revenue totaling about 2 billion rubles. What Problems Does the Marketplace Solve for Buyers? The key advantage of the marketplace is the reduction of intermediaries between the buyer and seller. For businesses consuming large volumes of fuel, it is inconvenient to buy it at gas stations. For example, construction machinery cannot be refueled using a fuel pump. Such companies prefer to order from wholesale suppliers with delivery to their production sites. Some may require ...

... phased out export duties on oil and petroleum products in exchange for a gradual increase in the MET on oil. As a result, the primary determinant of revenues from the oil sector has shifted from the size of the export discount to the actual production volume at the wellhead. Additionally, there was a sharp reduction in the Urals-to-Brent discount this year. While the average price gap in the first half of 2023 was $27.3 per barrel, it narrowed to $14.7 per barrel in the first half of 2024, according to calculations by Open Oil Market based on data from ...