... allows petroleum products to retain priority in railway transportation, which is particularly important given the ban on gasoline exports introduced in August 2024 and extended through September and October. Experts note that this measure supports the profitability of petroleum production and sales, enabling quick responses to the current economic situation and mitigating potential negative impacts on railway companies. Oil Companies Celebrate a Local Victory Over Other Cargo Owners ...

... in the pricing process: data availability and competitive comparison Pricing in the fuel market has often been closed to most participants: companies without access to privileged conditions could not get the best offers, and often the deals were less profitable. Open Oil Market has introduced a transparent pricing system, where every buyer and supplier can see all the pricing details in real time. Thanks to this, companies get the opportunity to objectively assess the market, compare prices and choose ...

... avoid financial losses during significant devaluation of the national currency as well as inflation. The first thought that comes to an inexperienced individual’s mind is to purchase dollars at a currency exchange point. However, this is not the most profitable option. There are various alternative methods that allow one to save money, with the primary one being online purchasing. When choosing this method, it’s crucial to understand the nuances of currency acquisition. To avoid mistakes and thoroughly ...

... Rosstat. Unspoken Market Constraints Oil companies have incentives to raise retail prices. On one hand, Russian refineries, most of which are part of vertically integrated oil companies (VIOCs), face rising costs. Rosstat data shows that the net profit of Russian enterprises across the economy grew by 13.8% in the first four months of 2024 to 10.05 trillion rubles. However, in petroleum product manufacturing, profits declined by 15.4% to 1.202 trillion rubles, and the share of unprofitable enterprises ...

... setting the tone ahead of the official EIA statistics on Wednesday. Agricultural Markets: WASDE Report Corn, Soybean, Wheat — updates on yield, planting areas, and ending stocks. Any tightening of balances reflects on prices, logistics, and producer profitability. Trade Flows — adjustments to export/import for key regions shape traders' and processors' margin expectations. Europe: UK Labor Market and ZEW Index for Germany United Kingdom : unemployment and wage dynamics influence the trajectory ...