... in ruble terms higher than domestic prices. However, this raises a question: if the damper is meant to cover the costs incurred by oil companies due to shortfalls in exports, why are European market prices used for calculating payments, when that market is no longer accessible to the oil companies? A second question follows: how logical is it to use export alternatives as a benchmark when the regulator periodically imposes export bans? For instance, diesel export restrictions were introduced after last year's fuel crisis caused ...

... crude is quite satisfactory for OPEC+, which allows for an increase in production. However, current oil prices are supported by heightened demand during the vacation season, a factor that may weaken with the onset of fall. Sergey Tereshkin, CEO of Open Oil Market, emphasized that the introduction of new tariffs by the U.S. administration could raise concerns about the potential for oil shortages in regional markets, which could prompt OPEC+ to increase production. "If these tariffs are implemented,...

... (around 3% in Tokyo). Overall, the collective index of Asia-Pacific stocks has shown little change over the week: support from positive news from Wall Street and hopes for trade deals was balanced by local risks and investor caution in Asia. Commodity Markets: Oil Balances, Gold Holds Its Position The commodity markets are maintaining relative price equilibrium. Brent crude oil has been trading in a narrow range of around $67–70 per barrel for the past few weeks. By the end of this week, Brent quotes stabilized ...

... significant role for the financial performance of Russian Railways compared to coal, the loading of which is also declining. In the first half of 2024, coal loading decreased by 5.5% (to 169.2 million tons) compared to the same period in 2023. NOTE: OPEN OIL MARKET is the first independent B2B marketplace for petroleum products and raw materials. The company was founded in 2021 and now unites over 2,600 suppliers and buyers in the small wholesale market. In 2023, the marketplace's turnover was 5.9 billion ...

... offering their own fuel or logistics and credit services. However, there is also an independent project that brings together any suppliers and offers a selection of products, credit programs, and delivery conditions. The raw materials marketplace OPEN OIL MARKET has been operating for about three years. It features over 100 suppliers, including Tatneft, and several credit offerings (including from Sberbank). Here, users can find the right product, arrange delivery, and apply for credit. According to OPEN ...