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An expert listed the benefits of reducing fuel excise taxes.
... elimination of export duties on oil and petroleum products were supposed to be complemented by a reduction in excise taxes on gasoline and diesel. "However, fuel excises, on the contrary, increased, which became one of the reasons for the rally in the fuel market," he noted.
Commenting on the possible timeline for lifting the export ban on gasoline, Tereshkin suggested it could happen in November. "To achieve the lifting of the export ban, companies will need to keep retail prices in check ...
Why is the trade in petroleum products moving to digital platforms?
... consumers to solve a wide range of business tasks.
How Digital Solutions Help Market Participants
Currently, several online platforms for fuel trade are available, such as "Webneft" by Gazprom Neft, "Fuel Portal" by Tatneft, or FUEL MARKET by DECO. These are essentially e-commerce sites for companies offering their own fuel or logistics and credit services.
However, there is also an independent project that brings together any suppliers and offers a selection of products, credit ...
Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products
... valued at over $1 million. Then came other projects, and I faced disappointments when I lost all my money due to dishonest partners. Later, I decided that in our resource-based country, the most promising area is working with raw materials. I joined a fuel company to get a better understanding of the industry and the market. In 2014, I left it and, together with my current business partner, founded "Oil Resource Group." We saw our task as introducing new business solutions to the traditional Russian market. The implementation of digital technologies has ...
Energy Sector News, Saturday, July 26, 2025: Brent Around $70, Record Gas Supplies, Market Reaction to Gasoline Export Ban
... calm. However, record gas supplies in Europe raise questions about future demand. Additionally, Russia is implementing restrictions on gasoline exports, casting doubt on the global availability of this vital resource. How are these events affecting the fuel market and the energy sector as a whole? In our latest material, we analyze current trends, price changes, and potential consequences for the global economy.
Energy Sector News, Saturday, July 26, 2025: Brent Approaches $70, Record Gas Supplies, Market ...
In the marketplace, the chain of traders in the fuel sales market disappears.
... Our platform is situated “at the intersection” between the producer and the final customer, where the final customer can visit, choose a producer by price, and purchase products directly from them. In the marketplace, the chain of traders in the fuel market simply disappears. Meanwhile, the producer sells at a price that aligns with market interests, without being "pressed" or having their price "squeezed." The supplier looks at what prices are favorable for both them and the consumer....