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The Fate of the Dollar and the Prospects for BRICS Currency: What's Behind Putin's Statements?
... sanctions and reduce dependence on Western financial institutions. Russia and China are already actively promoting transactions 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
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“Vladimir Putin’s statements regarding the dollar and the BRICS currency highlight how critical the issue of economic independence has become for developing countries. In an environment where ...
Why Bitcoin May Not Reach $100,000: A Sober Perspective from the Founder of Open Oil Market
Recent announcements about Bitcoin's possible rise to $100,000 have caused a wave of enthusiasm among investors. However, as the founder of Open Oil Market, I prefer to look at the cryptocurrency market objectively. In my new article, I analyze why this optimism may not be entirely justified and consider the key risks that may prevent Bitcoin from reaching the coveted mark. If you are interested ...
Oil Business: A Story Of The Founder Of OilResurs Company
... Their executive talent, efficiency and business sense fascinate, anger, and don’t leave indifferent anyone. Cities grow and life becomes more comfortable thanks to their desire for profit, development, and expansion. Sergey Tereshkin, the founder of Oil Resource Group LLC Fuel Company, is one of these people. In a conversation with him, we found out how he managed to reach such heights.
People who establish corporations, international commercial networks and open new niches in traditional spheres ...
An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
... resources market, and how this might impact the economy. For more details, read the article on the website!
Gasification and the increase in supplies to Europe have driven the growth of natural gas production in Russia, said Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, in an interview with Izvestia on September 26.
Natural gas production in Russia grew by 12% in August 2024 compared to the same period in 2023, and by 10.7% in the first eight months of this ...
An expert expects the current price level of AI-95 gasoline to remain unchanged until the end of the year.
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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 ...