Moscow is considering setting a fixed price for its oil in response to the ceiling the G7 countries have placed on the prices of Russian raw materials. About Wrote Bloomberg agency, citing the source.
“Moscow is considering introducing a fixed price for barrels from the country or maximizing discounts to international brands where they can be sold,” the agency wrote.
The publication also noted that if both options are accepted, they will be reviewed regularly by Moscow. However, as Bloomberg emphasized, there is no understanding of the exact price level yet.
In addition, the agency’s interlocutors reported that a presidential decree has been drawn up that will prohibit Russian companies and any merchants buying Russian oil from selling to countries participating in the price ceiling agreement.
In the early hours of December 6, Daishin Securities researcher Kim So-hyun expression The view that imposing a ceiling price on Russian oil may cause a sharp increase in oil prices.
Last week the European Commission reportedThe G7 countries (England, Germany, Italy, Canada, France, Japan and the USA) and Australia have agreed to a ceiling of $60 per barrel for Russian oil supplied by sea from 5 December.