A $65-$70 Price Cap On Russian Oil May Be Too High To Hurt Moscow | OilPrice.com

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A $65-$70 Price Cap On Russian Oil May Be Too High To Hurt Moscow | OilPrice.com
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The planned price cap of $65-$70 per barrel for Russia’s oil is not expected to immediately shrink Putin’s oil revenues, considering that this is more or less the price that buyers currently pay for Russian crude.

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EU Discusses $65-70 Price Cap On Russian Oil | OilPrice.comEU Discusses $65-70 Price Cap On Russian Oil | OilPrice.comThe European Union is currently in discussions to cap the price of Russian oil at somewhere between $65 and $70 per barrel, a cap which, if approved, wouldn’t effectively lower the price of the flagship Russian crude currently being traded on the market.
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The clock is ticking on a Russian oil price cap\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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