... matters: Discussions at the G20 Summit often drive international economic strategies, with topics on Ukraine, European stability, and the U.S. post-election landscape. Recommendations: Watch for statements on sanctions, energy exports, and global trade. Oil prices and the ruble could react to any hints of sanction relief. Inflation Data from EU, Canada, and UK Why it matters: High inflation in major economies can impact euro, pound, and CAD rates. Recommendations: Look for opportunities in euro and pound ...

... stations at regular prices. It is more convenient for them to order large batches at wholesale prices with delivery. Some clients, such as coal mines or airports, require specialized types of fuel and petroleum products that can only be purchased from oil traders. These businesses typically have to call multiple suppliers, compare prices, check availability, negotiate discounts, and arrange delivery. Each step in this process involves intermediaries, each taking a cut. Our marketplace streamlines the entire process, minimizing intermediaries and saving our clients time, money,...

... 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....