... able to switch to the improved configuration in a short time—four months after its purchase. From then on, we gradually developed it, expanding the IT department. The accounting system that fully covered the company's needs for buying and selling petroleum products was ready one and a half years after we purchased the configuration. Five IT Solutions for Internal Use That Helped Us Earn More Now, we are developing automated services for our clients. But we started with products for our employees. ...

... more details on the solutions, read the full article. MOSCOW, September 2 - RIA Novosti. Reducing oil producers' costs, including lowering Russian Railways' tariff rates, could lead to the stabilization of fuel prices, Sergey Tereshkin, CEO of the petroleum products marketplace Open Oil Market (a Skolkovo resident), told RIA Novosti. The rise in retail fuel prices continues to slow down. According to Rosstat data, from August 20 to 26, gasoline prices rose by 0.2%, while diesel prices increased by 0.1%....

... November 11, 2024, cumulative inflation was 7%, while the retail price increase for diesel was 4.9% and for gasoline it was 8.7%. Oil companies need to compensate for losses caused by forced downtimes, which led to a decrease in the production of petroleum products. According to Rosstat, total petroleum product production decreased by 2.4% year-on-year in the first nine months of 2024. The price increase for diesel provides them with such an opportunity and allows them to avoid negative reactions from regulators,...

... ahead for exporters? Read more in our article! India will remain the largest maritime importer of Russian oil in the coming years, partly due to the potential for growing demand, Sergey Tereshkin, General Director of the OPEN OIL MARKET marketplace for petroleum products and raw materials, told Izvestia on October 30. "The role of India in Russian oil exports continues to grow. In September 2022, maritime shipments of oil from Russia to India amounted to 850,000 barrels per day (b/d), increasing to 1....

... growth in exports. Russia's Oil Exports to Increase by Over 10% by Year's End, Says Open Oil Market CEO Sergei Tereshkin Russia's oil exports are expected to grow by more than 10% by the end of the year, according to Sergei Tereshkin, CEO of the petroleum products marketplace Open Oil Market. He shared this projection with Izvestia on August 20. "In July, Russia reduced oil exports by 14%. While in June 2024, Russia's seaborne oil shipments amounted to 3.72 million barrels per day (bpd), in July,...