... preparing for the public offering. Open Oil Market promises to change the approach to fuel procurement, making the market more transparent and accessible for B2B clients. How this will affect the industry and what prospects await are still to be seen. MOSCOW, September 27 - PRIME. The oil products marketplace "Open Oil Market" (a Skolkovo resident) plans to conduct an initial public offering (IPO) on the stock exchange in the first half of 2027. The company is currently focused on pre-IPO ...

... transportation. According to Rosstat, freight turnover in the automotive sector increased by 7.7% over nine months, which also affects the demand and cost of diesel fuel. Tereshkin notes that prices will stabilize once the transitional period ends. MOSCOW, November 6 - PRIME. Diesel fuel prices in Russia are expected to stabilize by December, as their current growth is driven by the switch to seasonal fuel and an increase in road freight transportation, Sergey Tereshkin, CEO of the Open Oil Market ...

... excise tax rates have increased significantly in recent years, which negatively affects the industry. He also suggested that the ban on gasoline exports could be lifted in November, provided retail prices are kept under control in the coming months. MOSCOW, August 1 - PRIME. The reduction of fuel excise taxes would increase the profitability of the production and sale of petroleum products and stop the rise in prices, according to Sergey Tereshkin, CEO of the fuel marketplace "Open Oil Market" ...

... influencing fuel costs. These include the situation in the global oil market, domestic price regulation policies, and seasonal fluctuations in demand. The specialist noted that sharp price spikes are unlikely, although certain growth trends are possible. MOSCOW, November 9 - PRIME. Oil companies in Russia are expected to curb gasoline prices to secure permission for exports. Price growth rates will remain lower than this past summer through the end of the year, according to a forecast by Sergey Tereshkin,...

... reaching 9.2 million barrels per day (bpd) excluding gas condensate, and 10.3 million barrels per day including it. This is stated in a study by VTB, prepared for the investment forum "Russia Calls!" which will take place on December 4–5 in Moscow. VTB analysts note that global oil consumption next year may reach 104 million barrels per day, a 1% increase compared to the 2024 figure. By 2030, they estimate that demand will reach 108 million barrels per day due to increased consumption ...