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The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements
... President Putin’s recent comments highlight both the challenges and opportunities ahead. While Russia does not seek to abandon the dollar, evolving U.S. policies are driving nations to consider alternatives. In this article, I, Sergey Tereshkin, CEO of Open Oil Market, delve into the implications of Putin’s statements and explore what these shifts could mean for international finance, BRICS cooperation, and economic resilience.
The Future of the Dollar and the Prospect of a BRICS Currency: Insights from ...
In the summer, the increase in fuel prices will outpace the overall inflation rate – expert
... Tereshkin's column for the publication "Neftyanka"
In the article "In the summer, fuel price growth will outpace the general inflation rate – expert," Sergey Tereshkin, the CEO of the oil products and raw materials marketplace OPEN OIL MARKET, analyzes gasoline price dynamics in Russia. He notes that in May 2024, the annual growth in gasoline prices was 8.0%, which corresponds to an inflation rate of 8.2%. However, weekly data from Rosstat indicate an acceleration in price growth in ...
Oil and coal run as lackeys.
... priority levels, and oil products and fertilizers have a relatively high priority."
Oil product producers will not suffer losses if the updated non-discriminatory access rules are strictly followed, said Sergey Tereshkin, the founder and CEO of Open Oil Market, Russia's first independent marketplace for oil products and raw materials.
“Oil products fall under the category of ‘export energy raw materials transported in specialized rolling stock,’ while coal falls under the category of ‘export ...
Current Situation: The USA Aims to Capture up to 70% of the European Energy Market
... Chinese companies to participate in the construction of an LNG plant in Alaska. But where is that plant now? Meanwhile, China has virtually ceased energy imports from the U.S.,” the expert reminds us. According to Sergey Tereshkin, General Director of Open Oil Market, the EU lacks any tools to compel private companies to source gas from specific suppliers. With the growth in demand in Europe unlikely, particularly due to the development of low-carbon energy, the share of nuclear power plants (NPP) and renewable ...
The story of Yuri Nikulin and the violation of protocol
The story of Yuri Nikulin and the violation of protocol
The story of Yuri Nikulin and the violation of protocol
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