Russian Finance Minister Anton Siluanov has not ruled out the possibility of Russia limiting oil production. He was adamant that the decision of the Russian Federation not to supply oil at prices determined by the West is a matter of principle… This was reported by the TASS news agency. We will not supply oil under … Read more
Oil prices jumped about $3 at the close, after Moscow spoke of the possibility of reducing crude production in response to the price cap imposed by the Group of Seven on Russian crude. Oil climbed $3 on supply fears Oil prices were up about $3 as they stabilized on Friday, posting gains for the second … Read more
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MOSCOW, KOMPAS.com – President Russia Vladimir Putin finally spoke after the G7, the European Union and Australia agreed to cap the price of Russian seaborne oil. Last week, the G7, the European Union and Australia set the price of Russian seaborne oil at $60 a barrel. Price restrictions Russian oil it was taken to suppress … Read more
Russia “will not accept” a ceiling on the price of its oil and is considering how to respond to the measure. This was stated by Kremlin spokesman Dmitry Peskov, quoted by Reuters and TASS. His speech was about the decision of the EU, the G-7 countries and Australia to impose maximum price of Russian crude … Read more
The European Union reaches an agreement to cap the price of Russian oil at $60 a barrel. The European Union and the Group of Seven tend to impose a price of 60 dollars per barrel of Russian oil The European Union has reached an agreement on pricing Russian oil at $60 a barrel, after Poland … Read more
Economist Fatih Birol, who heads the International Energy Agency, pointed out three main factors, due to which Russia will not be able to win the energy war with the West. This was reported in “Bild”. First, Birol estimates that before the war 75% of Russian gas exports and 55% of Russian oil exports went to … Read more
Poland opposes the European Union’s proposal to impose a ceiling on Russian oil prices at the level of 65-70 US dollars per barrel. Poland opposes the proposal of the European Union countries to impose a ceiling on the price of Russian oil at the level of 65-70 dollars a barrel Most EU countries supported the … Read more
The price of oil rose 1% on Tuesday, while Brent crude, the global benchmark, was up 91 cents. 1% increase in the price of oil Oil prices jumped 1% after OPEC+ focus on supply cuts overtook today’s deal Tuesday after Saudi Arabia, the world’s biggest oil exporter, said that “OPEC+ group is committed to production … Read more
From December 1, Turkey plans to close the Bosphorus and the Dardanelles for ships carrying oil if they do not have insurance. Bloomberg reports it. The new rule will come into force a few days before the start of European sanctions against Russian oil. After the sanctions are introduced, Russian oil producers will lose the … Read more
