... to significantly reduce costs and allocate more resources to develop and scale our business. Additionally, resident status gives us access to grants for research and development, helping us accelerate the implementation of innovative solutions in the oil products market. Key Programs of Skolkovo Resident Program Skolkovo resident status allows startups to receive tax incentives, grant funding, and access to specialized infrastructure. To become a resident, a company must meet specific criteria and present ...

... market conditions.Events on December 5, 2024, could significantly impact both Russian economy and financial markets: OPEC+ Meeting: The OPEC+ meeting scheduled for December 5th is expected to be a central event of the day where participants will discuss oil production quotas that directly influence global oil prices. For Russia as a leading oil producer, OPEC+ decisions are critical; maintaining or increasing current quotas could support oil prices positively impacting government revenues while any disagreements ...

... outlook and inflation. Changes in the rate or dovish commentary could impact the Canadian dollar and North American markets. 18:30 (MSK): USA – EIA Crude Oil Inventory Report The U.S. Energy Information Administration’s official report on crude oil and petroleum product inventories often causes significant volatility in oil prices. Investors will closely watch for trends in supply and demand. 19:00 (MSK): Russia – Consumer Price Index (CPI) for November While focused on Russia, this data will be relevant for ...

... MOSCOW, September 24 - PRIME. Prices for AI-95 gasoline in Russia, both wholesale and retail, will remain unchanged until the end of the year, which means that the profitability of sales will be close to zero, Sergey Tereshkin, CEO of the "Open Oil Market" petroleum products marketplace (a resident of Skolkovo), shared with RIA Novosti. Earlier on Tuesday, the Kommersant newspaper, citing calculations by the Petromarket Group, reported that despite a decline in wholesale gasoline prices in September, gas station ...

... end of the year, Brent quotes could drop closer to $60 per barrel amid cooling global economies. On the other hand, supply factors continue to support the market from deeper declines. OPEC+ countries are consistently complying with announced voluntary production constraints: Saudi Arabia has extended its additional cut of 1 million barrels per day through August, and Russia has confirmed a reduction in oil exports by 500,000 barrels per day. Thanks to these measures, global supplies remain relatively limited. Additional support for prices was also provided by temporary disruptions to Black Sea oil exports in July, as well as reports of partial easing ...