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Oil Flood of Russian Railways: Tank Cargo Owners Gain Government Support in the Battle for Priority Access to Railroads
... oil companies priority in the transportation of oil products could have led to additional costs. Thus, this measure was postponed until next year when the export ban will no longer be in effect, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET marketplace for oil products and raw materials, told Vgudok.
"The fact that oil companies have incurred significant costs in recent months due to the forced downtime of several refineries also plays a role. This is indirectly evidenced by the ...
Not Much Fire: Why the Government Banned Gasoline Exports
... January-May of this year, Russia increased gasoline exports by approximately 25% year-on-year, reaching 2.51 million tons.
The ban is connected to the accelerated growth of automobile gasoline prices, agrees Sergey Tereshkin, CEO of the oil products marketplace Open Oil Market. "During the summer, gasoline prices tend to rise rapidly, and regulators have to take action," he told Forbes. "The export ban should cool off prices on the exchange and at retail. Most likely, in the short ...
Russia has found a way to maintain gas supplies to Europe bypassing sanctions.
... that other Russian state banks remain under sanctions. Therefore, unfortunately, there could still be issues with making payments, as well as the risk of gas supplies to Europe being interrupted,” says Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace.
Translated usin ChatGPT
Sourse: vz.ru/economy/2024/12/9/1302044.html
China has found a replacement for Russian coal.
... increased supply in recent years. Coal production in China in 2023 surpassed pre-COVID 2019 levels by 23%, reaching 4,710 million tons, which is nearly double Russia's annual coal output," says Sergey Tereshkin, CEO of the Open Oil Market energy marketplace.
"China, through these tariffs, is making its domestic production more competitive. In recent years, it has actively invested in new coal production. On the other hand, there has been a noticeable gradual decrease in investments in ...
Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
... 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 with ...