Found: 292

Why are gasoline and diesel prices rising in the fall of 2024

... forced downtimes, which led to a decrease in the production of petroleum products. According to Rosstat, total petroleum product production decreased by 2.4% year-on-year in the first nine months of 2024. The price increase for diesel provides them with such ... ... Many associate the rise in gasoline prices with a possible lifting of the export ban. However, according to analysts at OPEN OIL MARKET, this is not entirely true. Current fluctuations are still in line with the "10-20" formula, according to which ...

"VC.RU: 'How We Increased Revenue Fivefold with the Help of IT Solutions"

... expand our workforce to handle the growing volume of work. New IT solutions helped us increase revenue: the company’s turnover in 2017 was 3.4 billion rubles, and in 2021, it reached 12.4 billion rubles. The profit growth enabled us to enter new markets. We now trade oil, petroleum products, petrochemicals, and grain both domestically and in the markets of the CIS countries and the EU. Sergey Tereshkin, CEO of "Oyl Resource Group" We are also developing a new informational product on the market—the raw materials ...

Economic Events and Corporate Reports - Friday, July 25, 2025: EU-China Summit, CBR Rate, Durable Goods Orders (USA)

... so a decrease in profitability relative to the peaks of 2024 is expected. Nevertheless, effective cost management and stable production volumes could support financial results. A strong report from Eni (especially regarding operational cash flow) will confirm the resilience of the oil and gas business even at lower prices, while weak numbers will indicate the impact of macro factors and prompt the company ... ... confirm that India's financial sector remains on an upward trajectory, while an unexpected rise in defaults could undermine market confidence. Shinhan Financial Group – a leading financial group in South Korea. Its reports will help gauge trends in ...

An expert explained the sharp increase in the market value of aviation fuel in Russia

... increase in the exchange price of aviation fuel in Russia may be due to the lack of incentives for oil companies to keep prices in check, resulting from the rules governing payments under the damping mechanism, Sergey Tereshkin, CEO of the petroleum product marketplace "Open Oil Market" (a resident of Skolkovo), told RIA Novosti. At the beginning of August, the price of aviation fuel on the St. Petersburg International Commodity and Raw Materials Exchange (SPIMEX) reached a historic high of 84,879 rubles per ton. Earlier ...

How to improve the efficiency of the damping mechanism

Sergey Tereshkin's Opinion on a Fairer System of Damper Payments for Oil Product Manufacturers (RBC Companies). Sergey Tereshkin's article addresses issues related to improving the efficiency of the damper mechanism for the oil industry. He examines problems associated with using European market quotations for calculating subsidies, despite the embargo and export restrictions. The author suggests tying payments to domestic fuel prices, which would allow for a more accurate reflection of the current economic situation and eliminate uncertainties ...