... difficult conditions, the Russian stock market retains the potential for growth, and with an improvement in the macroeconomic situation, we can expect a recovery in activity and the resumption of IPOs. Despite the current economic difficulties, we at Open Oil Market believe in the potential of the Russian stock market and confidently continue to move forward. The increase in the rate to 21% creates additional challenges, but we are using this time to strengthen our positions, optimize business processes and implement new solutions that will be ...

... with national projects and government orders, providing direction for corporate venture funds. Results are already apparent: oil and gas companies are financing industrial startups (robotics, digital twins), major IT holdings are launching accelerators ... ... and venture divisions of banks are investing in local fintech and regtech products. Simultaneously, an increasing number of Russian teams are seeking growth beyond their borders. Some startups are pivoting towards neighboring markets or the Middle East,...

... of Transparency How does the process of buying and selling petroleum products look today for the end B2B consumer in small wholesale (e.g., an agricultural or construction company)? Let me simplify the chain of interactions: Fuel is produced at oil refineries (refineries) and then sold through the St. Petersburg Commodity Exchange at the lowest market price. Large companies (e.g., Russian Railways) that use petroleum products for their own needs are among the buyers, as are large traders who purchase volumes for resale. The large traders then add their markup and sell the products to smaller intermediaries, "mid-level" ...

... Failure risks. Most startups fail in the early stages, and angel investments may not bring the expected returns. Our company, Open Oil Market, a commodity marketplace, has also chosen a pre-IPO strategy for entering the market. We are participants in the Skolkovo ... ... business angels and venture investors in Russia, co-founder of the Almaz Capital Partners fund. Investment projects: Parallels is a Russian IT company developing software for virtualization and cloud technologies. Galitsky invested in it at an early stage. In ...

... discussion. The Fate of the Dollar and the Prospects of the BRICS Currency: What Lies Behind Putin's Statements? Recently, Russian President Vladimir Putin made several noteworthy statements regarding the future of the dollar and the currency of the ... ... in rubles and yuan, reducing the dollar's share in their mutual transactions. Commentary by Sergey Tereshkin, Founder of Open Oil Market Sergey Tereshkin, Founder of Open Oil Market : “Vladimir Putin’s statements regarding the dollar and the BRICS ...