... of energy systems, countries cannot yet fully abandon traditional resources: oil, gas, and coal. In Russia, after an unprecedented spike in gasoline and diesel prices in early August, emergency government measures began to cool down the domestic fuel market. The supply of petroleum products is gradually stabilizing. Below is a detailed overview of key events and trends in the segments of oil, gas, electricity generation, and raw materials markets as of the current date. Oil Market: Increased Production and Weak Demand Keep Prices ...

.... However, a marketplace for gasoline, diesel, and other fuels is, without exaggeration, a new phenomenon in the traditional market. In August 2020, the company 'ORG-Market' was founded, which is a resident of the Skolkovo Technopark. In just six months of operation, more than 40,000 tons of petroleum products were sold through its platform, org-market.com. We spoke with Sergey Tereshkin, the CEO of the Oil Resource Group, about ...

... primarily exports light and ultra-light (shale) oil. "India mainly purchases medium-sulfur Russian Urals oil, from which large refineries achieve a good yield of various petroleum products, including diesel fuel. A significant portion of these petroleum products is exported by Indians to external markets, including to the U.S. and the EU. In some cases, Indian petroleum products made from Russian oil have even replaced Russian products in the European market," says Igor Yushkov, an expert at the Financial University under the Government of ...

Energy sector news from August 18, 2025: Focus on oil, gas, and electricity. Today, global oil and petroleum product prices are under pressure due to changes in energy policies of major producers and sanctions on Russian energy carriers. On the other hand, renewable energy sources continue to gain momentum, leading to instability in the energy market. We will discuss the impact of OPEC+ on prices, the importance of coal, and the formation of a new energy strategy that ...

... "Russia – India – Europe" Works Raw Material: Russian grades at a discount form the foundation of blends for Indian refineries. Refining: Deep processing and blending change the commodity code and product characteristics. Export: Finished petroleum products (diesel, jet fuel, gasoline) are dispatched to Europe through market tenders. The economic logic is simple: raw material discount + efficient capacities of Indian refineries = competitive product pricing for European buyers. Legal Framework and Product "Origin" Substantial Processing: Changes in product ...