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Why are gasoline and diesel prices rising in the fall of 2024
... stabilize as seasonal factors subside
The Moscow Fuel Association (MTA) reported that last week, retail gasoline prices at gas stations in the capital rose by 17-18 kopecks, while diesel prices increased by 27 kopecks.
The end of autumn is objectively ... ... International Mercantile Exchange (SPbMTSB), the price of winter diesel fuel is 23% higher than that of summer diesel.
An equally important factor is the lag in diesel price growth compared to the overall inflation rate. By November 11, 2024, cumulative inflation ...
The oil market will become oversupplied by the end of 2024.
Column by Sergey Tereshkin for the "Oil and Gas Industry" Portal
According to data from the U.S. Energy Information Administration (EIA), in the second quarter of ... ... for Iranian oil, from where the crude is re-exported to China. According to China’s General Administration of Customs, oil imports from Malaysia reached 1.1 million barrels per day in the first quarter of 2024, nearly three times Malaysia’s own production ...
Potential Lifting of Financial Sanctions on Russia After Trump’s Victory
... transactions, boosting demand for the Russian currency. This could stabilize the ruble’s exchange rate, benefiting both exporters and import operations within the country.
Growth in the Russian Stock Market
The possible lifting of sanctions could attract international ... ... to attract additional funding and pursue growth. This would open up new opportunities for long-term projects in the oil and gas, energy, and high-tech sectors, where Russia holds significant potential.
Comment from Sergey Tereshkin, Founder of
Open ...
Multi-Sided Platform For Instant Purchases And Sales In Commodity Markets
... possibility of automatic calculation of the profitability of the transaction. The share of fuel costs for some strategically important industries exceeds 50%; therefore, the increase in the efficiency of the oil product market for fuel consumers is quite ... ... Scholar
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Choubey, S., & Karmakar, G. P. (2020). Artificial intelligence techniques and their application in oil and gas industry. Artificial Intelligence Review. DOI:
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Ganichev, N. A., & Koshovets, O. B. (2021). Forcing ...
Buyers Battle for Russian Oil in Europe
...," reflects Igor Yushkov.
The head of Hungary's Foreign Ministry assured that Budapest will never give up Russian oil and gas. Hungary, Serbia, and Slovakia hold on to Russian oil because it represents the most profitable option. "Firstly, the ... ... Guyana, Argentina),” states Sergey Tereshkin, General Director of Open Oil Market.
According to his data, Serbia's total oil import in 2023 reached 3.5 million tons, while in 2024 it is expected to be 2.6 million tons. Key suppliers of oil to Serbia have ...