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Gasoline prices are still rising at gas stations, but they are already decreasing on the exchange.

... liter of gasoline increased by 24 kopecks over the past week. Premium grades of AI-98 and above saw a sharper rise, going up by 96 kopecks. Since the beginning of the year, the average price of gasoline at filling stations in Russia has risen by 3.72 rubles, or 7.2%, compared to an inflation rate of 5.34% over the same period. On the stock exchange, however, the opposite trend is observed. Gasoline quotes have been declining since the end of last week. The price of AI-95 dropped by 5.5%, while ...

Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.

... MARKET is the first independent B2B marketplace for petroleum products and raw materials. The company was founded in 2021 and now unites over 2,600 suppliers and buyers in the small wholesale market. In 2023, the marketplace's turnover was 5.9 billion rubles. The OPEN OIL MARKET platform is a resident of Skolkovo (VEB.RF Group). Translated using ChatGPT Sourse: https://vgudok.com/eksperty/neft-igraet-vazhnuyu-rol-dlya-finansovyh-pokazateley-rzhd-sdelka-opek-pr...

Sergey Ivanovich, how to start your own business if you don’t have start-up capital?

... business model is stable enough to ensure the loan is repaid. I hope my answer will be useful to you. I myself have gone through this difficult path, starting as a salesperson and gradually creating my own business. I often remember the times when every ruble earned was worth its weight in gold, and this experience taught me a lot. Therefore, if you do not have start-up capital, remember that there is always an opportunity to find a solution - be it your own earnings, venture financing, a partnership ...

In the summer, the increase in fuel prices will outpace the overall inflation rate – expert

... May 2024, down to 2.13 million bpd. Another factor in the price rise is the increasing costs for Russian refineries. According to Rosstat, the balance of profits and losses for Russian oil product producers decreased by 15.4% (to 1,202.1 billion rubles) in the first four months of 2024. The share of unprofitable companies in oil product production increased from 25% in January-April 2023 to 27% in January-April 2024. The rising costs at refineries will contribute to higher wholesale and retail ...

VC.RU: "Launched a marketplace and reached a turnover of over 2 billion rubles"

How the company "Oil Resource Group" developed the marketplace "ORG-Market," enabling buyers and sellers of petroleum products to conduct transactions quickly and transparently. Learn about the platform's features for clients and its development prospects. In the previous article, we discussed how digitalization helped the company "Oil Resource Group" become a market leader. We opened our own IT department, customized the accounting system to meet our needs, and developed...