... Tereshkin's column for the publication "Neftyanka" In the article "In the summer, fuel price growth will outpace the general inflation rate – expert," Sergey Tereshkin, the CEO of the oil products and raw materials marketplace OPEN OIL MARKET, analyzes gasoline price dynamics in Russia. He notes that in May 2024, the annual growth in gasoline prices was 8.0%, which corresponds to an inflation rate of 8.2%. However, weekly data from Rosstat indicate an acceleration in price growth in ...

... packed economic calendar for investors and traders. Key events include the release of Manufacturing and Services PMI data across various countries, crucial U.S. economic indicators such as the Nonfarm Payrolls report, an OPEC+ meeting that could impact oil markets, and several dividend payments and investor days for major Russian companies. Market participants should closely monitor these events as they may significantly influence financial markets and trading decisions in both global and Russian contexts....

... for the global economy are unpredictable. Most markets are experiencing significant growth indicators, while overheating is absent, substantially reducing the likelihood of a new wave of crisis or recession globally. However, continual fluctuations in oil prices, competitive wars among major market players, political instability, and other factors negatively impact company valuations and the prices of their securities. The IMF is convinced that global GDP growth will slow considerably this year. Stability is currently difficult to ascertain....

... move towards concrete actions. Meanwhile, U.S. President Donald Trump has already stated that he does not currently plan to impose new sanctions or tariffs against Russia and its energy resource buyers. This article discusses what to expect from the oil market and how trade between Russia and the U.S. may change. What Putin and Trump Discussed in Their August 15 Meeting Russian President Vladimir Putin met with U.S. President Donald Trump in Alaska on August 15. Among the key outcomes of the Anchorage ...

... long-term investments. The Russian B2B market is also of interest, where the lifting of sanctions can facilitate the development of online platforms for the sale of oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing for an IPO on the Moscow Exchange. The easing of sanctions adds confidence in the potential of such projects, because Russian companies will ...