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The petroleum products marketplace "Open Oil Market" plans to go public through an IPO.

... independent B2B marketplace (sales from legal entity to legal entity) selling oil products and other raw materials. The company started full-scale operations in 2021. The most in-demand product on the platform is diesel fuel, which accounts for 75% of sales. Gasoline makes up another 16%, with the remaining 9% distributed among other oil products, as well as sand and clay, which are also part of the marketplace's range. In September of this year, the marketplace sold its 200,000th ton of fuel. Translated ...

700% Inflation in Russia: How Prices and the Ruble Exchange Rate Have Changed Since 2001

... increase for basic food items. How Have Prices for Food and Essential Goods Changed? Product Price in 2001 (rub.) Price in 2024 (rub.) Growth Eggs (dozen) 19 117 6.2 times Chicken meat (1 kg) 57 227 4 times Butter (200 g) 14 244 17.4 times Gasoline AI-95 (1 liter) 9 61 6.7 times The sharp increase in prices for essential goods can be attributed not only to inflation but also to tax burdens, changes in production and transportation costs, as well as the weakening of the ruble. What Factors ...

Diesel Lives On: The Role of Diesel Engines in the Age of Electric Vehicles

... challenges. In light of these issues, diesel engines remain in demand, particularly among certain customer segments. Why Diesel Remains Relevant? Efficiency and Economy Diesel engines are traditionally characterized by lower fuel consumption compared to gasoline counterparts. This is especially important for customers who cover large distances daily, such as in logistics and freight transportation. Low CO₂ Emissions Modern diesel technologies, such as "BlueTEC" and AdBlue systems, allow for ...

How much do gas stations earn in Russia?

... vary by a factor of two. The growth of non-fuel businesses contributes to revenue increases. The rising fiscal burden on the oil business in Russia, coupled with the government's efforts to limit fuel price increases, has made the profitability of gasoline and diesel retail sales increasingly dependent on the development of additional services by gas station owners, such as selling non-core products. Profit margins on petroleum products, which already vary widely based on location and business ...

The global demand for diesel is decreasing: how will this affect Russia?

... subject to sanctions. The IEA reports that declining demand has already impacted the profitability of refineries, prompting some closures in Europe. This trend, combined with the climate agenda, has exacerbated the situation. Even though demand for gasoline and jet fuel is rising, this increase has not been enough to offset challenges for European refineries. Russian Diesel Exports and Domestic Dynamics Approximately half of Russia's diesel production is exported. However, most Russian refineries ...