Found: 274

Multi-Sided Platform For Instant Purchases And Sales In Commodity Markets

... effort and resources. Abstract The difficult economic situation in the world, active development of renewable energy technologies, geopolitical upheaval, COVID-19 pandemic - all of this, to one degree or another, has an impact on the global market of oil products. Such problems induce market participants to look for ways of creation strong, mutually beneficial relations between sellers and customers of oil products in the long term. One of the possible courses of events is the use of the principles of ...

Will production fall in Iran and Venezuela? Should the market expect a sharp rise in prices or increased competition among exporters?

Sergey Tereshkin's column for INFOTECH. In the article "Will Oil Production Decline in Iran and Venezuela? Should the Market Expect Sharp Price Growth or Increased Competition Among Exporters?" the author analyzes the current geopolitical events affecting oil production in these countries. The article discusses ...

Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.

... discusses the impact of the OPEC+ deal on the transportation of oil and petroleum products via Russian Railways (RZD) networks. In the first half of 2024, cargo volumes decreased by 1.1% to 104.4 million tons, which is attributed to the reduction in oil production in Russia under the agreement. Despite this, oil and petroleum products remain high-margin cargo for RZD, providing a significant portion of the company's revenue. The article also explores the prospects for the transportation of these goods ...

An expert predicted a rise in oil prices due to a reduction in production in Libya.

Expert Tereshkin: Oil Production Cut in Libya Will Boost Prices Temporarily (Izvestia). On August 29, 2024, Sergey Tereshkin, the CEO of Open Oil Market, stated in an interview with Izvestia that the suspension of production at Libya’s largest oil field, Sharara, could ...

An expert assessed the risks of a decline in oil prices.

... believes that significant impacts on oil and gas revenues are not expected. MOSCOW, December 12 - PRIME. The structure of Russia's oil and gas revenues allows for hedging against the risks of falling global oil prices, said Sergey Tereshkin, CEO of the oil product marketplace "Open Oil Market" (a Skolkovo resident), in an interview with RIA News. In the expert's opinion, one of the risks for Russia's budget system next year will be a drop in oil prices. At its latest meeting, the OPEC+ alliance ...