Market insights
Developments that affect petroleum trading, pricing and market infrastructure.
Market Glossary: Option
Today we explain the basic derivatives term — an option: what it is, the main types, and how options are used for risk management.
Futures trading emerged long before electronic terminals and modern exchanges
The Dojima Rice Exchange in Osaka illustrates how futures trading formed the basis of one of the earliest organized futures markets.
BRICS and EAEU Expand Cooperation in Exchange Trading: BRICS Grain Exchange Concept
BRICS and EAEU are advancing collaboration in exchange trading with a BRICS grain exchange concept aimed at reducing dependence on Western pricing and moving toward settlements in national currencies, initially focusing on key grains.
Sugar on the Exchange Reaches 30,400 Tonnes by Mid-August 2026
As of mid-August 2026, sugar trading volume stood at 30,400 tonnes, 60 tonnes higher than the full-year 2025 total of 30,340 tonnes.
Cement on the Exchange: Nomenclature, Geography and Regulation
Cement became the first construction material regulated by two complementary mechanisms: mandatory registration of certain off-exchange contracts and listing part of cement production on organized trading.
Uzbekistan Coal Market: Transition to Market-Based Pricing
From June 1, 2026, Uzbekistan's coal market rules changed: price regulation was removed and coal is traded on the exchange through organized trading.
Petersburg Exchange Expands Regional Presence in North Ossetia-Alania
The Petersburg Exchange, together with the Chamber of Commerce and Industry of North Ossetia-Alania, hosted a large seminar on implementing exchange trading and procurement mechanisms.
Cement on the Petersburg Exchange: Trading in the 'Lumber and Building Materials' Section
Cement is a fundamental building material traded on the Petersburg Exchange in the 'Lumber and Building Materials' section, with the main lineup consisting of cement grade ЦЕМ I 42.5Н. This cement type is highlighted as widely used for construction projects.
Petersburg Exchange Expands Presence in Africa
The Petersburg Exchange signed key agreements during the Russia–Tanzania Joint Intergovernmental Commission meeting and incorporated them into the final protocol; the cooperation covers inter-exchange links and barrier-free cross-border trade. A Memorandum of Understanding was signed with the Egypt Commodity Exchange, and an agreement with the Zimbabwe Stock Exchange was signed as well, with outreach to Kenya, Nigeria, Togo, and Ghana.
Out-of-Exchange Trading System: Registration Guide
A detailed registration guide for the CET-VR is published, using the 'Trading Agricultural Produce' segment as an example; the registration consists of three steps.
SPIMEX natural gas trading for January–July 2026 reaches 7.834 bcm
Natural gas trading on SPIMEX for January–July 2026 totalled 7.834 bcm, with July’s turnover exceeding 1.2 bcm; this marks the second consecutive month of growth.
Clarification on payment of penalties to counterparties of clearing participants A and B
The clarification concerns penalty payments: the clearing organization pays penalties only after funds are received on its clearing account, in accordance with Clearing Rules (Rule 19.10).