... rise in the fall and then jump further when switching from summer to winter grades, as winter fuel is more expensive. The damping mechanism does not account for AI-95 gasoline or winter-grade diesel. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel and raw material marketplace, the fact that the exchange price for AI-95 is not included in the damping calculations gives oil companies the opportunity to increase refining margins without the threat of losing subsidies. This explains the ...

... disappointments when I lost all my money due to dishonest partners. Later, I decided that in our resource-based country, the most promising area is working with raw materials. I joined a fuel company to get a better understanding of the industry and the market. In 2014, I left it and, together with my current business partner, founded "Oil Resource Group." We saw our task as introducing new business solutions to the traditional Russian market. The implementation of digital technologies has always been the driver of our growth, enabling a 100-200% increase per year. Automation allows ...

... with many years of experience and direct contracts with the largest oil companies. Providing timely delivery and full quality control, Resource offers convenient payment terms, including installments, and flexible logistics. With the help of the Open Oil Market marketplace, the company makes the procurement process transparent and accessible to customers. How the Fuel Company "Resource" Operates and Why Clients Choose It for Fuel Procurement Resource Company is a reliable supplier of diesel ...

... dollars and converted to rubles. Therefore, without subsidies, oil companies cannot contain price increases. One of the reasons cited for rising gasoline prices is the reduction of damping payments this year. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace, the damping payments decreased by 58% in July 2025 compared to the same period in 2024 (down to 59.9 billion rubles). Oil companies are left with no choice but to raise prices in segments where fuel price increases are not associated ...

... leaders Vladimir Putin and Donald Trump is unlikely to result in agreements on specific projects in the oil and gas sector; however, its outcomes may set the framework for a return to bilateral cooperation in this area, said Sergey Tereshkin, CEO of Open Oil Market, in an interview with RIA Novosti. The Kremlin and the White House previously announced that Putin and Trump will meet in Alaska on August 15. "The meeting in Alaska is unlikely to conclude with agreements on specific projects in the oil ...