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Economic Events Calendar for the Week of December 16–20, 2024
... Starts for November: Previous — 1.31 million, Forecast — 1.34 million.
18:30
United States:
EIA Crude Oil Stock Change for the week. Previous: -1.43 million barrels.
EIA Distillate Stock Change for the week. Previous: +3.24 million barrels.
EIA Gasoline Stock Change for the week. Previous: +5.09 million barrels.
19:00
United States:
Producer Price Index (PPI) for November: YoY: Previous — 2.70%. MoM: Previous — -0.60%.
22:00
United States:
Federal Reserve Interest Rate Decision: Previous ...
How a raw materials marketplace takes away market power from traders
... Interview with Sergey Tereshkin for "RBC Companies".
Does the oil products market need a marketplace? After all, there are still no striking examples of profitable B2B trading platforms in Russia.
Oil products, primarily diesel fuel and gasoline, represent a vast market. For instance, they account for about 30% of the total trade turnover on the St. Petersburg International Mercantile Exchange (SPIMEX). We estimate the market’s annual volume at 6 trillion rubles, with about half traded ...
VC.RU: "Buying fuel on a marketplace. How does that work?"
... for another category of our customers—transport companies. They receive payment after completing the delivery. However, they need fuel immediately to transport goods and passengers. Another example is private gas stations, which purchase a batch of gasoline and diesel, ranging from 5,000 to 30,000 liters, equivalent to a tanker. However, they sell it in smaller batches, so their revenue comes in over several days. Since the marketplace did not offer financing and installment plans, we were missing ...
B2B Marketplaces in Russia: How They Help Businesses Grow
... and risks associated with purchasing.
Open Oil Market
: Innovations and Transparency in the Fuel Market
Open Oil Market
is a Russian B2B marketplace focused on the oil products market. The platform is designed for enterprises needing large volumes of gasoline, diesel fuel, fuel oil, and other oil products. Open Oil Market emphasizes transparency and simplification of procurement processes in an industry that has traditionally been plagued by gray schemes and logistical complexities.
Features and Advantages ...
B2B Marketplaces: A Modern Solution for Raw Material Trade
... it works in practice:
Listing an Offer. A supplier registers on the platform and posts information about their products: descriptions, specifications, available volumes, prices, and delivery conditions. For example, a supplier might list a batch of gasoline or diesel fuel with the price per ton.
Search and Selection. Buyers find the necessary products through a convenient catalog or search feature. Users can compare prices from different suppliers, filter by quality, region, and seller rating. The ...