price cap

The EU is preparing to lower the ceiling price for Russian oil – new sanctions are on the way
The new sanctions package includes an updated pricing mechanism and increased control over Russia’s shadow fleet.

European Commission to propose floating price ceiling for Russian oil
The European Commission is expected to propose a “floating” price cap on Russian oil as part of a new draft sanctions package.

Oil prices in Russian ports have fallen below the “price ceiling”
The price of Urals oil in Russian ports has fallen below the “price ceiling” of $60/barrel set by Western countries.

EU will not lower Russian oil price ceiling without G7 support
The proposal to limit the price of Russian oil to $45 per barrel will not be included in the new sanctions package due to the lack of unity among partners.

Most G7 members ready to lower price ceiling for Russian oil without US
Most G7 countries are ready to act independently and lower the “price ceiling” for Russian oil, even if the United States refuses to do so.

The G7 promises to strengthen control over compliance with the price ceiling for Rosneft
The G7 finance ministers promise to strengthen control over compliance with the price ceiling on Russian oil.

The review of the price cap on Russian oil has been postponed
The G7 countries postponed the review of the price ceiling for Russian oil, most of which is traded above the limit due to the rise in world prices.

The price of russian oil should be $30-40/barrel, — Zelenskyy
The President of Ukraine Volodymyr Zelenskyy insists on limiting russian oil prices to the level of $30-40/barrel

The EU countries did not reach an agreement on the price ceiling for russian oil
Negotiations between the governments of the European Union countries on limiting prices for russian oil are ongoing.

The United States has postponed price restrictions on russian oil until January
The US has postponed the start of the price cap on russian oil, giving tankers another 45 days to unload.