Новости

On November 28, an industry conference was held in Moscow, bringing together participants of the oil and gas market, traders, and exchange operators. The discussions focused on the state of the oil products market, regulation, new formats of filling stations, development of the non-fuel segment, and digitalization.

Particular attention was drawn to the session dedicated to exchange trading. Participants emphasized that the current regulatory requirements lack sufficient transparency and are often perceived as subjective. Exchange representatives confirmed the need to develop the derivatives market and outlined plans to train market participants in trading rules and practices.

Key concerns related to fines and sanctions: businesses expect clear public criteria, understandable thresholds for violations, and predictable liability. Currently, sanctions range from warnings to temporary suspension of access in cases of serious deviations.

Interest was also sparked by the proposal to introduce contracts based on the average monthly quotation—an instrument that could reduce volatility and simplify settlements. The idea received support but requires further methodological development and the publication of additional indicators.

The economic context was also discussed: high interest rates, slower growth, and increased inflationary risks are expected in 2026. Against this backdrop, cost management and hedging are becoming especially important.

Overall, conference participants noted the need for greater transparency, standardization of rules, and development of derivatives market infrastructure. The idea of creating a separate section for end consumers did not receive support.