... development of digital B2B platforms in Russia, their advantages for businesses, and their future prospects. Learn how marketplaces are transforming the market and simplifying raw material procurement. In 2023, the company changed its name and is now called Open Oil Market, owned by JSC "Open Oil Market Management Company." Two years ago, at Oil Resource Group, we launched a platform for trading petroleum products—a commodity marketplace called ORG-Market. Today, it is a crucial sales channel for us,...

... Resource Group" — How did your business start? — After moving to Moscow to study (I’m originally from Crimea), I opened a company selling lock hardware, then started selling doors. I was 19 years old, living in a dorm, and my business was ... ... promising area is working with raw materials. I joined a fuel company to get a better understanding of the industry and the market. In 2014, I left it and, together with my current business partner, founded "Oil Resource Group." We saw our task as introducing new business solutions to the traditional Russian market. The implementation ...

... expert believes. AI-95 gasoline is not accounted for in the calculations of the damping mechanism, which makes it difficult for the government to "manage" the rise in exchange prices for this type of fuel, notes Sergey Tereshkin, CEO of the Open Oil Market platform. Damping payments compensate for part of the difference between the government-established indicative price for the domestic wholesale market and the cost of export supplies. According to Tereshkin, oil companies "try to offset part ...

... dollars and converted 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 ...

... PRIME. Oil companies in Russia are expected to curb gasoline prices to secure permission for exports. Price growth rates will remain lower than this past summer through the end of the year, according to a forecast by Sergey Tereshkin, CEO of the "Open Oil Market" fuel marketplace (a Skolkovo resident), shared with RIA Novosti. According to Rosstat data, the average retail price of gasoline increased by 0.19% from October 28 to November 5, reaching 59.19 rubles per liter. The overall weekly inflation ...