... GMT) The Energy Information Administration's report on crude oil inventories will provide insights into supply levels and potential price movements in the energy sector. Impact on Europe: Fluctuations in U.S. crude oil inventories can influence global oil prices, affecting energy costs for European industries and consumers. A significant increase in inventories may lead to lower oil prices, benefiting European economies reliant on energy imports. Impact on the United States: Domestic oil inventory levels ...

... Lock-up is an important element of the IPO structure, which helps stabilize shares and maintain investor confidence. It is important for small investors to understand what may happen after the end of the lock-up period and how this may affect the share price. Pre-IPO of the first independent B2B marketplace for oil products and raw materials OPEN OIL MARKET

... fuel, fuel oil, and other oil products. Open Oil Market emphasizes transparency and simplification of procurement processes in an industry that has traditionally been plagued by gray schemes and logistical complexities. Features and Advantages of Open Oil Market: Price Transparency and Terms The platform allows companies to view complete information about offers, including prices, delivery terms, and product specifications. This helps buyers select the optimal options and avoid unexpected costs. Convenience and ...

... agricultural enterprises, mines, coal quarries, boiler rooms, independent gas stations, oil fields, airports, and aeroclubs. Additionally, some customers require special fuels or other petroleum products that are not available at gas stations — only through oil traders. It’s necessary to call several such companies, compare prices, and try to negotiate a discount. Sometimes, a whole chain of intermediaries forms, each of whom takes their margin. — Does your platform offer an alternative? — Exactly. This is a classic marketplace. You log into the mobile app on your ...

... an increase in electricity prices: the average price of electricity in Germany during the same period rose by more than 40%, from €79 to €112 per megawatt-hour (MWh)," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET. He explained that under the current regulatory model, electricity prices in the European Union (EU) depend on the cost of balancing generation, with gas-fired power plants playing a key role in covering sharp spikes in energy demand. As a result, the rising cost of fuel for gas-fired power plants leads to higher electricity ...