The US and its allies are discussing a “ceiling price” for russian oil products
13.01.2023 - 10:40
The United States and its allies are discussing new sanctions against the russian oil industry.
In particular, the countries are discussing price restrictions on russian oil products. The implementation of the “price ceiling” was scheduled for February 5, The Wall Street Journal reported with reference to its own sources.
US Treasury officials are holding meetings with their European counterparts this week. It is expected that two “price ceilings” will be introduced: for goods of high value (for example, diesel fuel) and low value (fuel oil).
It will be recalled that in December, the G7 countries, as well as the European Union and Australia, introduced a price ceiling for russian oil at the level of $60 per barrel. However, soon after the new restrictions came into force, the price of the leading brand of Rosneft fell to less than $40 per barrel .
In general, due to oil price restrictions by the G7 countries and EU sanctions, russia loses $172 million every day . Moscow’s lost profit will increase to $280 million per day, when restrictions will also be extended to petroleum products from February 5.
