Sergey Kolobanov, deputy head of the Fuel Economy and Energy Complex department of the Central Strategic Research Center, said that the US did not benefit from lowering the price ceiling for Russian oil, because this mechanism also affected the prices of American producers. It has been reported DEA News.
“Even before the ceiling was applied, our companies were given access to new markets mainly through the provision of discounts. “This forced dumping, which intensified after the ceiling was introduced, has a downward impact on overall world oil prices,” he said.
As the vice-chairman of the “Fuel and Energy Complex Economy” adds, buying oil for the USA is becoming more expensive than for the Russian Federation and European companies.
“In the supply chain, due to the embargo imposed on Russian oil by Western countries, Russian dumping also affects prices for producers in the United States…” he added.
The special operation of the Russian Armed Forces in Ukraine continues. It was announced by Russian President Vladimir Putin on February 24, 2022. According to him, the purpose of military action is to demilitarize the neighboring country and to navy the authorities.
The decision to run the operation became the justification for new sanctions against Russia by the United States and its allies.
Opens “socialbites.ca” broadcast online.
Source: Gazeta
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