Found: 46

Russians were informed about when diesel prices in Russia will stabilize.

... by 7.7% in the first nine months of the year. For comparison, rail freight turnover during the same period decreased by 5.3%," he added. These indicators are interconnected, the expert noted. Freight shippers are experiencing delays in rail deliveries due to a shortage of locomotive capacity and limited throughput of Russian Railways. In such a situation, ensuring predictable delivery times is only possible through the use of road transportation, which leads to increased demand for diesel fuel. According to Rosstat, the retail price of diesel fuel rose by 0.3% for the first time since late July. The average retail price increased by 24 kopecks during the week of October 21-28, reaching 67.45 rubles per liter. Russian Deputy Prime Minister ...

Why is the trade in petroleum products moving to digital platforms?

... Digitization = Lack of Transparency How does the process of buying and selling petroleum products look today for the end B2B consumer in small wholesale (e.g., an agricultural or construction company)? Let me simplify the chain of interactions: Fuel is produced at oil refineries (refineries) and then sold through the St. Petersburg Commodity Exchange at the lowest market price. Large companies (e.g., Russian Railways) that use petroleum products for their own needs are among the buyers, as are ...

VC.RU: "Why the Oil Market Has No Future Without Digitalization"

... did Oil Resource Group start? – I am originally from Crimea and came to Moscow for my studies. I started businesses in various fields, but at some point, I realized that in a resource-rich country, one should focus on resources. I got a job at a fuel company, studied the market for several years, and in 2014, I resigned and co-founded Oil Resource Group with a business partner. Even then, we wanted to implement new business solutions in the rather conservative commodities market. Digitalization ...

How a raw materials marketplace takes away market power from traders

How Digital Services are Changing Audience Behavior Patterns in the B2B Segment – A Case Study of the OPEN OIL MARKET Fuel Marketplace. 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 ...

Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products

Everyone is familiar with electronic trading platforms that offer products from different sellers. However, a marketplace for gasoline, diesel, and other fuels is, without exaggeration, a new phenomenon in the traditional market. In August 2020, the company 'ORG-Market' was founded, which is a resident of the Skolkovo Technopark. In just six months of operation, more than 40,000 tons of petroleum products ...