... simplifying raw material procurement. In 2023, the company changed its name and is now called Open Oil Market, owned by JSC "Open Oil Market Management Company." Two years ago, at Oil Resource Group, we launched a platform for trading petroleum products—a commodity marketplace called ORG-Market. Today, it is a crucial sales channel for us, with half of our clients placing orders there. Here, we explore the development prospects of commodity marketplaces in Russia based on our own experience....

... economic updates, with inflation data from the U.S., UK, and Russia taking center stage. Investors will be closely monitoring CPI releases to assess inflationary pressures and anticipate potential shifts in central bank policies. In Europe, industrial production data from the Eurozone will provide insights into the region’s manufacturing strength, while in Asia, China’s trade balance figures offer a pulse on global demand. Additionally, the EIA’s oil inventory report in the U.S. will be pivotal ...

... trends in Russian retail. Where Does Magnit Invest? Sector: Retail Investments in 2023: 74.6 billion rubles Investments in 2022: 53.5 billion rubles Magnit is one of the largest retailers in Russia and the CIS, specializing in the retail trade of food products, household goods, and cosmetics. The company actively implements innovative technologies, expands its store network, and optimizes logistics processes, strengthening its market position and offering a wide range of products for Russian consumers....

... E-commerce Online shopping is gaining momentum. This is due to its convenience as well as the cost benefits for consumers. Frequently, prices in online stores are significantly lower than those in branded boutiques or shopping malls, while the quality of the products remains unchanged, especially for branded items. In addition to making purchases, users have the option to order home delivery of products. Consequently, they do not even have to leave their homes to procure the necessary items. This and much ...

... mark. This event draws the attention of specialists and analysts due to its impact on the economies of countries dependent on energy resources. Furthermore, the export of gasoline from Russia is experiencing restrictions, which may affect global oil product markets and gas prices. In this article, we will thoroughly examine the latest news in the fuel and energy complex, the specifics of the current fuel market situation, and the prospects for energy development in Russia and the world. Energy ...