... advantages of Open Oil Market is the elimination of intermediaries from the supply chain. Direct interaction between buyers and suppliers allows you to reduce overhead costs and make the fuel purchase process more economical. Intermediaries usually add additional commissions and fees to the transaction cost, which makes the purchase more expensive for the end consumer. By eliminating intermediaries, Open Oil Market offers customers significant savings while maintaining the quality and reliability ...

... that the oil processed in India or Turkey originated from Russia because refineries in these countries will not disclose in their reports that the products they produce are derived from Russian oil, and it is unlikely that anyone will investigate this, adds Mitrakhovich from the Financial University. He also expresses doubt regarding the effectiveness of sanctions against the Vadinar refinery. "This is a large plant, but following the imposition of sanctions, either shipments to Europe will indeed ...

... discussion is primarily due to the fact that the price increase for this type of fuel has exceeded overall inflation. According to Rosstat data, the annual price increase for diesel by May 2024 was 11.6%, while the overall inflation rate was 8.3%. Tereshkin adds that in the last month and a half, retail fuel price growth has accelerated. From May 13 to May 20, Rosstat reported that gasoline and diesel prices rose by only 0.1%, but from June 18 to June 24, gasoline prices at gas stations increased by 0.4%,...

... 13:30 GMT This index combines multiple indicators to assess U.S. economic activity. Positive data here suggests economic expansion, supporting the dollar and major U.S. indices like the S&P 500 and the Dow. Conversely, a weaker-than-expected result may add to recession concerns. November 11 marks Veterans Day in the United States. United Kingdom Retail Sales Monitor (October) — Tentative Release Although this is a non-official retail indicator, the UK’s retail sales monitor gives early insights ...

... Sergey Tereshkin. Turkey will gradually reduce its consumption of energy coal in the coming years due to the phased launch of four units at the Akkuyu nuclear power plant, which is expected to supply 10% of the country's electricity needs, the expert adds. "In general, the export of energy coal will decrease, but the situation for coking coal could be better. Coking coal, as a primary resource, is crucial for metallurgy. Demand for it will depend on the pace of China's economic development....