Found: 131

It became known about China's plans for the electrification of motor vehicles.

... push for the electrification of transportation to compensate for losses from declining sales in the U.S., meaning the share of electric vehicles in passenger car sales in China could exceed 70% by 2027, Sergey Tereshkin, CEO of the petroleum product marketplace "Open Oil Market" (a Skolkovo resident), told RIA Novosti. Earlier, U.S. President Donald Trump announced plans to impose an additional 10% tariff on Chinese goods starting February 1 and to sign an order introducing 25% tariffs ...

U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?

... preserving trust among partners in the international arena. However, the temporary nature of the authorization means that banks and companies must plan their operations with potential changes in mind. As an entrepreneur and founder of the Open Oil Market marketplace , I view this decision as a signal to uphold the stability of international trade in energy resources, which is crucial for all market participants. This temporary authorization will help avoid disruptions and allow Russian energy companies ...

Gasoline prices are still rising at gas stations, but they are already decreasing on the exchange.

... tend to respond only to prolonged and significant upward or downward movements in exchange quotes. Therefore, it is unlikely that retail prices will start falling as early as next week. As noted by Sergey Tereshkin, head of the OPEN OIL MARKET fuel marketplace, exchange prices for fuel have only an indirect impact on retail prices. Over 80% of gasoline sales occur in the off-exchange segment—shipments from refineries and oil depots. Fuel station prices depend more on taxes and oil companies’ ...

An expert has predicted that Russia's oil exports will grow by more than 10%.

... Russia's Oil Exports to Increase by Over 10% by Year's End, Says Open Oil Market CEO Sergei Tereshkin Russia's oil exports are expected to grow by more than 10% by the end of the year, according to Sergei Tereshkin, CEO of the petroleum products marketplace Open Oil Market. He shared this projection with Izvestia on August 20. "In July, Russia reduced oil exports by 14%. While in June 2024, Russia's seaborne oil shipments amounted to 3.72 million barrels per day (bpd), in July, they dropped ...

An expert assessed the impact of increased gas exports on the Russian budget.

... growth in gas exports. Details in the latest article on the website sergeytereshkin.ru. The increase in Russian gas exports will help minimize budget losses for Russia in 2025, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET petroleum products marketplace, told Izvestia on October 7. "Gazprom continues to ramp up gas exports to Europe. In September 2024, pipeline gas deliveries to the EU increased by 3% compared to the previous month, reaching 101 million cubic meters per day. Over ...