... Information Administration (EIA) revealed a substantial increase in oil inventories, rising by 2.149 million barrels for the week ending November 1, 2024. This surge, exceeding analysts' expectations, could impact demand, supply, and consequently, prices. For oil buyers and investors, this information serves as a crucial indicator that may determine potential price changes and procurement strategies. In this article, we will explore how the current rise in oil inventories might affect the market and what actions ...

B2B marketplaces are changing the rules of trade in the raw materials sector. Let's explore how these platforms operate, their benefits for suppliers, buyers, and carriers, and why Open Oil Market is becoming a convenient solution for all participants in the supply chain. B2B Marketplaces: A Modern Solution for Raw Material Trading Can you buy petroleum products in bulk today as easily as ordering a book from an online store? Just ...

... (SPIMEX). We estimate the market’s annual volume at 6 trillion rubles, with about half traded via the exchange and tenders. The rest belongs to the small wholesale segment, known as the end-customer market. Our platform is designed specifically for these buyers: farmers, builders, transporters, etc. They purchase small quantities, and for them, the key factors are speed and transaction security. OPEN OIL MARKET is a marketplace where oil products can be bought and sold, and where users can view offers fr om all suppliers. Some visitors simply come to analyze the market before negotiating with their usual suppliers. This, in essence, is wh ere the ...

... gain from the option. Example: A company that imports oil might buy put options on oil to hedge against a fall in its value if oil prices fall. Example with a Call Option: Companies that use raw materials can hedge against rising commodity prices by buying ... ... this approach attractive to traders, especially in stable markets. Option sellers are obligated to fulfill the contract if the buyer exercises their right, and the premium becomes their fixed income. Example of a Premium Earning Strategy: If a trader believes ...

... commodities. Niche marketplaces, dedicated to specific sectors such as steel, timber, grain, petroleum products, and petrochemicals, are experiencing particularly rapid growth. These platforms enable sellers to showcase their products and quickly connect with buyers. Launching Our Marketplace A bit of background on why we decided to create our own marketplace: Oil Resource Group has been active in the petroleum products trading market since 2014. Today, our group operates in both domestic and export markets, dealing in oil, petrochemicals, grain, and petroleum products, as well as providing industry-specific ...