European Commission: EU and G7 countries not yet agreed to change oil price ceiling in Russian Federation

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The European Commission representative said in an interview: TASSThe European Union countries and the Group of Seven (G7) have not yet agreed to change the ceiling of oil prices in Russia.

According to him, neither there nor the required number of votes, that is, the majority, were gathered.

enters into force on 5 December 2022 entry An agreement between the European Union, the G7 countries (England, Germany, Italy, Canada, France, Japan and the USA) and Australia on the ceiling price of Russian oil of $60 per barrel. From February 5, 2023 acquired US$100 per barrel price cap for Russian petroleum products sold at a higher price than crude oil (e.g. diesel and kerosene). For discount traders (for example, for naphtha and fuel oil), the ceiling was $45.

Before the White House He insisted Maintain the price ceiling for Russian oil.

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