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"Rambler: 'Oil Business: The Story of the Founder of the Fuel Company Oilresurs'"
...." In a conversation with him, we learned what it took to achieve such heights.
Sergey Ivanovich Tereshkin
Founder of the fuel company LLC Oil Resource Group
– At what age did you first think about starting a business? You organized your first ... ... organizing people. At 10, I organized my friends, and together we built a soccer field in our yard. How did you change after the crisis, when you sold your first business? I became more cautious. When that happens, especially for the first time, it’s really ...
Why the ban on gasoline exports did not stop the rise in gas station prices
... price increase of 10.7%, more than double the inflation rate.
Experts believe that by the end of the year, the rise in fuel prices at gas stations will align with inflation or stay close to it, as happened in 2023. Notably, while there was talk of a fuel crisis last autumn, the current situation is not being characterized as such. Furthermore, diesel prices, critical for farmers during the harvest season, have seen a modest rise of 3.2% since the beginning of the year, well below inflation.
However,...
Why are gasoline and diesel prices rising in the fall of 2024
... gasoline by 7.6%, AI-98 gasoline has seen a 17.5% increase. However, Rosstat is unlikely to exclude AI-98 from its calculation of the overall price index.
This year's periodic fuel price hikes are of a different nature than last year's. For example, the fuel crisis of July-September 2023 was linked to planned cuts in the damper payments. As a result, oil companies opted to compensate for losses by sharply raising exchange prices. This year, no adjustments have been made to the damper mechanisms, but oil companies ...
Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
... rubles per ton. By August 6, the price for this grade had risen to 78,816 rubles per ton. The AI-92 brand is currently trading at a more modest 67,620 rubles per ton. The peak of 70,446 rubles per ton, reached in September 2023 at the height of the fuel crisis, remains unbroken. However, the issue is that the subsidies for oil companies from the budget—based on providing fuel to the domestic market at prices below export levels (damping mechanism)—are defined by the AI-92 grade. Under current regulations,...
Energy Sector News August 12, 2025 — U.S. Sanctions Against India, Stabilization of Brent Oil, Oil Products Market, and European Gas Reserves
... Sector: Europe Accumulates Reserves Ahead of Winter
The European gas market is approaching the autumn-winter period with strong fuel reserves and diversified supply routes. As of early August, underground gas storage (UGS) facilities in the EU are filled ... ... summer quotations at the TTF hub are holding in the $320–350 per thousand cubic meters range, significantly lower than the crisis peaks of 2022.
The energy map of Europe has changed significantly in recent years. Supplies of Russian pipeline gas through ...