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 ...

... dollar exchange rate. Germany: Consumer Price Index (November) (10:00 MSK) A key indicator for the entire Eurozone. Germany's inflation level may influence future European Central Bank decisions. 189th OPEC Conference (15:00 MSK) The main event for the oil market. Production quotas will be discussed, directly affecting oil price dynamics. US: WASDE Report (20:00 MSK) The US Department of Agriculture report will provide important information on global stocks and production of agricultural crops. This may affect ...

... fuel shipments from refineries, timely delivery and the provision of empty tanker cars remain issues. In his view, the refineries produce enough fuel, but RZD's irregular deliveries create logistical challenges. Sergei Tereshkin, CEO of the OPEN OIL MARKET petroleum products marketplace, notes that regulators cannot indefinitely maintain the gasoline export ban. By the end of December, the current restrictions will have been in place for five months, compared to the previous ban from March 1 to May 17, 2024, which ...

... stopped publishing detailed statistics on fuel production. However, from the available data, it is clear that the total production of petroleum products in Russia declined by 2.4% (year on year) in the first 11 months of 2024. The situation with fuel production is unlikely to improve in the coming months due to sanctions on the supply of equipment for oil refineries (NPZs). Therefore, the gasoline market will continue to face risks of shortages, according to Tereshkin. Changes in tax legislation could also influence fuel price dynamics in the domestic market. For example, at the end of 2024, the ...

... AI-95, though it accounts for only about 40% of exchange sales. Gusev highlights the need to separate AI-92 and AI-95 in regulatory mandates, as current rules combine all grades, leading to disparities. According to Sergey Tereshkin, CEO of the Open Oil Market platform, the faster price growth for AI-98 and above is tied to infrastructure damage at refineries, specifically to high-octane fuel production facilities. Sanctions on equipment imports mean it will take a long time to address this issue. As a result, annual price growth for gasoline in 2024 is expected to exceed inflation rates, even with seasonal adjustments. Gusev disagrees,...