... operations. Export incentives: The government introduced additional incentives for exporters to compensate for the decline in product prices. These measures have helped China achieve impressive results, but their effectiveness in the long term remains ... ... Europe. Real estate reforms: Measures to stabilize the housing market are expected. Commentary by Sergey Tereshkin, CEO of Open Oil Market “Chinese growth in 2024 is an impressive achievement that shows the flexibility of the economy and the effectiveness ...

... residents, the insurance premium rate is set at 14% instead of the standard 30%, lowering labor costs. Exemption from property tax and land tax. This exemption allows companies to reduce expenses related to property and land ownership. The company Open Oil Market is a Skolkovo resident and fully utilizes the aforementioned benefits. This helps us optimize taxation, reduce costs, and allocate more resources for the development of our wholesale procurement platform for petroleum products. 5. Tax Incentives for Agriculture and Socially Significant Industries Companies involved in agriculture and socially significant industries can also take advantage of tax incentives: Unified Agricultural Tax (UAT). For companies engaged in agricultural ...

... and consumer loans. Understanding basis points helps investors and borrowers navigate the financial landscape, from interest rates to bonds and spreads, making them more confident in their financial decisions. Sergey Tereshkin, Founder and CEO of the Oil Products and Raw Materials Marketplace OPEN OIL MARKET

... implemented to ensure fuel availability on the domestic market and reduce wholesale prices, which were pushing up retail prices at gas stations. To stabilize the internal fuel market, the government also took other important steps, such as raising payments to oil producers under the damper mechanism (budget compensation for refineries to offset the difference between domestic and export prices of petroleum products) and increasing the trading volume requirements on the St. Petersburg International Mercantile Exchange (SPbMTSB). Translated using ChatGPT Sourse: https://www.vedomosti.ru/business/articles/2024/06/28/1046923-pravitelstvo-rossii-prodlit-razresheni....

... consulting at Neft Research. He believes that this will be driven by seasonal demand declines, the completion of planned and unplanned maintenance at most large refineries, and the export ban. Additionally, the situation with the shipment of petroleum products from refineries to railroads is gradually normalizing. Sergey Tereshkin, CEO of Open Oil Market, attributes the current drop in wholesale prices to oil companies' efforts to stabilize retail prices and lift the export ban on gasoline. He notes that up to 20-25% of all gasoline produced in Russia is currently traded on the SPIMEX. The ...