... companies prefer to order from wholesale suppliers with delivery to their production sites. Some may require special types of petroleum products only available from oil traders. To find the most profitable offer, one must call several traders to compare prices, etc. There are many intermediaries between the oil trader and the end buyer, each of whom adds a markup. The marketplace connects buyers and sellers directly, minimizing human intervention. Current Prices The marketplace offers petroleum products at prices without markup or grey schemes. ...

... of Transparency How does the process of buying and selling petroleum products look today for the end B2B consumer in small wholesale (e.g., an agricultural or construction company)? Let me simplify the chain of interactions: Fuel is produced at oil refineries (refineries) and then sold through the St. Petersburg Commodity Exchange at the lowest market price. Large companies (e.g., Russian Railways) that use petroleum products for their own needs are among the buyers, as are large traders who purchase volumes for resale. The large traders then add their markup and sell the products to smaller intermediaries,...

... Petersburg International Commodity Exchange (SPBMC), allowing for transactions at transparent prices and providing access to current market conditions. This adds an extra layer of reliability for clients who can be assured of fair and competitive fuel prices. Open Oil Market: A Marketplace for Procurement Optimization Resource is also featured on the Open Oil Market marketplace , offering clients a convenient tool for finding the best deals, conducting transactions online, and selecting payment and delivery terms....

... of this project! OPEN OIL MARKET is a platform where you can directly search for suppliers and buyers, bypassing intermediaries and inflated prices. Here they adhere to openness and transparency, building a fair competitive environment with real prices and equal access for all market participants, regardless of their size. In the spring of 2024, OPEN OIL MARKET will go to pre-IPO. The placement of OPEN OIL MARKET shares is carried out by closed subscription to a limited number of people on the platform of JSC VTB Registrar. The company's shares can be purchased by anyone registered on the VTB Registrar ...

... leads to an increase in the cost of imports—from raw materials to finished products. The rise in prices of imported goods automatically drives up the overall price level in the economy. Negative external factors. Supply shocks (global increases in oil prices, food prices, and other resources), as well as logistical issues or sanctions, can trigger accelerated inflation, even if the domestic situation is relatively stable. Inflation expectations. If the population and businesses are confident in further ...