... of measures to stabilize the internal market. The first results are already appearing: the rise in gasoline prices has been slowed down, and a final equalization of the situation is expected in the coming weeks. According to government estimates, in September gasoline production will exceed domestic consumption – this will eliminate the deficit and cool retail prices. At the same time, accumulated reserves of petroleum products have reached record levels (over 5 million tons of gasoline and diesel ...

... global events unfold! Weekly Economic Events Influencing Global and Russian Markets (November 11–15, 2024) Monday, November 11 U.S. — Veterans Day (Public Holiday) China — Singles’ Day (Largest Shopping Day) Russia — Trade Balance Data for September Expected to decline to $9.33 billion from a previous $15.5 billion surplus. All Day Events: U.S. Bond Market Closure: In observance of Veterans Day, the U.S. bond market will be closed, reducing liquidity in bond trading. This can create some ...

... for the public offering. Open Oil Market promises to change the approach to fuel procurement, making the market more transparent and accessible for B2B clients. How this will affect the industry and what prospects await are still to be seen. MOSCOW, September 27 - PRIME. The oil products marketplace "Open Oil Market" (a Skolkovo resident) plans to conduct an initial public offering (IPO) on the stock exchange in the first half of 2027. The company is currently focused on pre-IPO activities,...

... and rising energy prices, maintaining the current cost of AI-95 gasoline has become a key issue for consumers and businesses. What factors are influencing the fuel market, and what can we expect in the coming months? Read more in our article. 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" ...

... is currently influenced by several factors: OPEC+ Production Increase. The oil alliance continues to increase supply: in August, the production ceiling for key participants was raised by 548 thousand barrels per day, with a similar move expected in September. In April–July 2025, quotas were systematically increased, leading to a rise in commercial oil and petroleum product reserves globally. Slowing Demand Growth. The International Energy Agency (IEA) has lowered its forecast for global oil demand ...