Tereshkin: The Recovery of the Russian Auto Market Pressures Fuel Prices The article discusses the opinion of Sergey Tereshkin, CEO of the fuel marketplace "Open Oil Market," on how the recovery of the Russian automotive market is driving fuel price increases. According to him, rising demand for automobiles and seasonal factors contribute to higher prices for gasoline and diesel fuel. Tereshkin also notes that it will take about six months to fully restore pre-crisis ...

... per day). For comparison, gasoline shipments from Russian refineries to the domestic market in the first quarter of 2024 amounted to 104 thousand tons per day, according to CDU TEK data. Another factor in the price increase is the recovery of the Russian automotive market, which has returned to pre-crisis levels. In May 2022, sales of new cars and light commercial vehicles in Russia were 24.3 thousand units, whereas in May 2024, they amounted to 127.2 thousand units, which is more than in May 2021 (147.4 thousand,...

... sharing insights into corporate strategy and global market conditions. 3rd Anniversary of Rivian Automotive IPO: Shares of Rivian Automotive ($RIVN) are trading approximately 85% below their initial IPO price, marking three years since the company went public.... ... MSK): Nasdaq will release its short-term interest rate outlook, providing guidance on rate expectations that could influence market sentiment. Pre-Market Highlights: $MNDY - Monday.com Ltd (Report at 15:00 MSK): Reporting an expected increase of 29.9%. Key Russian Reports: $SBER - Sberbank: Releases RAS (Russian Accounting Standards) report for the first 10 months of 2024. $PHOR ...

Expert Tereshkin: Diesel Fuel Prices in Russia Will Stabilize by December (Prime Economic News Agency) In the article "Russians Informed When Diesel Prices Will Stabilize in Russia," Sergey Tereshkin, General Director of the "Open Oil Market" petroleum products marketplace, predicts that diesel fuel prices will stabilize by December 2024. He attributes the current price increase to seasonal factors, such as the transition to winter diesel fuel and a rise in automotive freight transportation. According to Rosstat, freight turnover in the automotive sector increased by 7.7% over nine ...

... sharing insights into corporate strategy and global market conditions. 3rd Anniversary of Rivian Automotive IPO: Shares of Rivian Automotive ($RIVN) are trading approximately 85% below their initial IPO price, marking three years since the company went public.... ... MSK): Nasdaq will release its short-term interest rate outlook, providing guidance on rate expectations that could influence market sentiment. Pre-Market Highlights: $MNDY - Monday.com Ltd (Report at 15:00 MSK): Reporting an expected increase of 29.9%. Key Russian Reports: $SBER - Sberbank: Releases RAS (Russian Accounting Standards) report for the first 10 months of 2024. $PHOR - ...