... payment management, which is becoming critical in a highly volatile market. I am confident that further development of fintech will help us strengthen our position and create even more useful solutions for our clients. Pre-IPO of the first independent B2B marketplace for oil products and raw materials OPEN OIL MARKET

... remains unchanged. Since 2023, the export ban has been used regularly; however, this measure does not solve the problem but only "alleviates the symptoms" for a short time. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET petroleum marketplace, export restrictions could indeed increase the supply of gasoline in the domestic market. In recent years, exports have accounted for 12-15 percent of supplies from Russian refineries. The problem is that this measure only works over a short ...

... competition, support the restoration of the dealer network and services, and balance the supply structure within the market. However, significant political and economic risks remain that investors should consider. Sergey Tereshkin, CEO of the Open Oil Market marketplace for oil products and raw materials , comments: "The decision to return major brands is an attempt to maintain their positions amidst growing competition from Chinese manufacturers. With government support and a stable trade policy, this ...

... station prices will rise above inflation by the end of the year due to the sharp increase in excise duties at the beginning of the year, which has yet to fully reflect in retail prices. From the perspective of Sergey Tereshkin, the CEO of the oil products marketplace Open Oil Market, the rise in exchange gasoline prices is linked to a reduction in subsidies for oil refineries. In May 2025, payments for the damping mechanism (compensation to oil companies from the budget for supplying fuel to the domestic ...

... price (on average per month) of no more than 10% for gasoline and no more than 20% for diesel. For gasoline, only the price of AI-92 is considered in the calculations. As noted by Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel and raw material marketplace, the fact that the AI-95 exchange price is not included in the damper calculations gives oil producers the opportunity to increase their refining margin without the risk of losing subsidies. This explains the more than 20% difference in the ...