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Saving Money: When Frugality Becomes a Dangerous Addiction
.... Fear of spending can block growth and happiness, making life feel constrained. Spending on health, education, and personal interests is an investment in yourself that yields benefits and joy.
Reassess Your "Rainy Day" Approach
Instead of saving ... ... happier, calmer, and provide a more harmonious relationship with finances.
Advice from a Successful Entrepreneur and Founder of
Open Oil Market
As someone who has undergone the journey of financial discipline and achieved success, I can say: it's important ...
Oil Reserve Increase in the US: Implications of the Latest EIA Report for Buyers and Investors
The latest EIA report showed rising U.S. oil inventories, creating interesting opportunities for buyers and raising questions for investors. How will this affect prices and purchasing strategies?... ... potential asset diversification can help mitigate the impact of market fluctuations.
Insights from Sergey Tereshkin, Founder of
Open Oil Market
"For buyers of oil and petroleum products, the EIA report on rising inventories in the U.S. provides opportunities ...
Investing in Restaurants Abroad – How to Achieve Maximum Profit
... foot traffic.
In the domestic restaurant business, investments are made only by the boldest. New establishments continue to open regularly, but only a few manage to survive. In this case, neither extensive experience, a strong brand name, nor a carefully ... ... funding can be secured through loans. Foreign financial institutions are often willing to provide funding for such projects. Interest rates can be up to 6% per annum, frequently much lower, meaning income can be generated even using borrowed capital.
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Economic Trends in Russia: GDP Slowdown and Inflationary Challenges – What It Means for Investors
... reaching 8.54% in October. How will these economic trends affect the investment market? In the article, Sergey Tereshkin, CEO of Open Oil Market, shares his views on the impact of macroeconomic changes on key industries and offers strategies to help investors ... ... risks.
As long as the central bank maintains a high key rate, investors in Russian assets should balance the prospects for high interest yields with the risks associated with domestic demand and inflation.
Buyers Battle for Russian Oil in Europe
... this becomes the only route for oil delivery. Additionally, the Hungarian company owns a refinery in Slovakia, thus having an interest in keeping both countries' refineries loaded. Lastly, Serbia faces the question of whether ‘Gazpromneft’, as a shareholder,... ... new major suppliers, including from South America (Brazil, Guyana, Argentina),” states Sergey Tereshkin, General Director of Open Oil Market.
According to his data, Serbia's total oil import in 2023 reached 3.5 million tons, while in 2024 it is expected ...