price ceiling
G7 plans to tighten sanctions against Russian oil
The G7 countries are discussing new price caps on Russian oil exported by sea.
A citizen of Latvia plays a key role in the work of the “shadow fleet” of the Russian Federation
The figure of the criminal scheme transported purchased sanctioned raw materials from the Russian Federation to India and China, earning more than 1.4 billion dollars. Latvian businessman Alekseys Halavinsh used shell companies to help tankers transporting Russian oil to circumvent sanctions. Gospodarka Morska writes about it. Thanks to the purchase of oil from the Russian…
The price ceiling for Russian oil does not work – Western insurers
Western insurance experts admit that the price ceiling for Russian oil does not work. The restrictions have prompted more vessels to join the fleet illegally transporting Rosneft.
New Zealand joined the “price ceiling” for Russian oil
On Thursday, February 29, the New Zealand government announced the expansion of sanctions against Russia. In particular, we are talking about price restrictions for Rosneft.
Japan and the G7 countries will strengthen the price ceiling for Russian oil
From February 20, Japan and the G7 countries plan to tighten the rules on limiting prices for imports of Russian oil.
The Russian Federation almost completely bypasses the “price ceiling” for oil
In October 2023, the average price of Russian oil by sea was $80 per barrel.
The USA introduced sanctions against companies and ships for violating the “price ceiling” for oil from the Russian Federation
The United States imposed sanctions on Turkish shipping companies, as well as vessels that violated the “price ceiling” for Russian oil.
Rosneft again bargains above the “price ceiling”
The USA plans to react to the violation of the price limit on energy carriers from the Russian Federation.
Ukraine proposes to further reduce the “ceiling” of prices for Rosneft
The Ministry of Economy of Ukraine wants to further reduce the “ceiling” of prices for Russian oil – to $45 or $30 per barrel.
The price of Rosneft is increasing
The price of russian Urals oil on the world market is approaching the $60 mark. At the same time, as of April 6, the price of Rosneft exports to India, including shipping costs, was more than $73 per barrel.
