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Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
... to rubles.
Therefore, without subsidies, oil companies cannot contain price increases. One of the reasons cited for rising gasoline prices is the reduction of damping payments this year.
According to Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace, the damping payments decreased by 58% in July 2025 compared to the same period in 2024 (down to 59.9 billion rubles). Oil companies are left with no choice but to raise prices in segments where fuel price increases are not associated with ...
Russian oil has fallen below the price cap.
... below $60 per barrel, that is, below the ceiling, Bloomberg reported, citing Argus Media data. However, according to Dudchenko, Urals prices are currently around $65 per barrel.
Meanwhile, Sergey Tereshkin, CEO of the oil products and raw materials marketplace Open Oil Market, also does not rule out a correction of Urals prices to less than $60 per barrel, considering the Urals discount to Brent at $10 per barrel by August 2024. This, by the way, is the minimum discount since the beginning of the ...
The rise in diesel prices may accelerate by the end of summer, but it will not exceed inflation.
... usually two to three rubles per liter, though this can depend on various factors, such as the price of kerosene, which is often used in the production of diesel that doesn't freeze in low temperatures.
Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace, said that the end of August and September is traditionally a period of rising diesel prices, and this year will be no exception. The main price increases will occur not at the exchange, but in the small wholesale segment, where prices during ...
Oil and coal run as lackeys.
... 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 non-energy raw materials and export ...
Sanctions have begun to be lifted: what should Russian investors expect?
... market is also of interest, where the lifting of sanctions can facilitate the development of online platforms for the sale of oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing for an IPO on the Moscow Exchange. The easing of sanctions adds confidence in the potential of such projects, because Russian companies will be able to significantly expand ...