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Brodude: "The Oil Business: The Story of a Fuel Company Founder"
Sergey Teryoshkin, the founder of the fuel company "Oil Resource Group" (Resource), shares his experience in building a business and overcoming challenges. In the article, he discusses his first steps in entrepreneurship, changes after the crisis, motivation, and the principles that helped him achieve success. Learn what it means to be a leader and how to pursue your goals despite all obstacles.
People who create corporations, international trade networks, and open new horizons in traditional ...
A View from the Tank: The Government Expects a Gasoline Surplus in September
... Slavyansk, Afipsky, and Novoshakhtinsk refineries.
According to Reuters' estimates, drone attacks on Russian plants have disrupted at least 17% of refining capacity, equating to 1.1 million barrels per day. This situation continues to contribute to a crisis of acute gasoline shortages in Russian regions.
In the Kuril district of Sakhalin region, the sale of AI-92 gasoline has been suspended. This was reported by Konstantin Istomin, head of the Kuril district. The local administration implemented fuel sales restrictions to guarantee the operations of emergency and special services, allowing no more than 10 liters to be sold per person since August 20.
At gas stations in Crimea, Khabarovsk Krai, and Primorye, drivers have been forced to wait in ...
An expert suggested a way to stabilize fuel prices in Russia.
... of gasoline and diesel at gas stations increased by 0.6% and 0.3%, respectively. The Ministry of Energy commented to RIA Novosti that prices are influenced by a combination of factors, ranging from seasonal demand to market conditions, and sufficient fuel reserves have been built up ahead of the fall season.
However, according to Tereshkin, the "crisis hotspot" remains the high-octane gasoline segment. For instance, the price of AI-98 gasoline increased by 0.9% between August 20 and 26. "This is due to damage to refinery infrastructure and the resulting reduction in gasoline production....
The government has extended the ban on gasoline exports until the end of the year.
... the price difference between grades on the exchange currently reaches around 30%, and on July 24, AI-95 reached a record high for the year, hitting 75,296 rubles per ton, close to the historical record of 76,876 rubles per ton set last fall during the fuel crisis. Amid high wholesale prices for AI-95, the profitability of selling this grade at gas stations turned negative.
What the Extension of the Embargo Means for the Market
The return of the gasoline export ban in August did not lead to a significant ...
Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
... gasoline have been hitting record highs daily since the beginning of the week. The price for AI-95 reached 66,034 rubles per ton, the highest peak since September of last year, while AI-92 hit 63,199 rubles per ton, the maximum since the onset of the fuel crisis in August 2023. At the gas stations, however, all remains calm; prices are rising moderately but lag significantly behind inflation. According to Rosstat, by June 9, gasoline had increased in price by an average of 2.7% since the beginning of the ...