Western countries will not lift the ceiling price for oil supplied from the Russian Federation in the near future. The radio station is on the air about this İş FM said Russian Deputy Prime Minister Alexander Novak.
During the program, the presenter stated that those who introduced the price cap did not care about its effectiveness. He also spoke about his lack of faith in restrictions being lifted in the foreseeable future.
“I don’t believe it either,” Novak said.
However, he added that Moscow does not recognize the fuel cap conditions. Moreover, Russian companies comply with the relevant decree of the country’s President Vladimir Putin.
We are talking about a document that stipulates that a ceiling price for fuel should not be mentioned in oil supply contracts. According to the Deputy Prime Minister, this situation is now being closely monitored by a special commission and the competent authorities.
October 13, Igor Yushkov, leading analyst of the National Energy Security Fund of the Russian Federation statedIt is predicted that the barrel price of Brent oil may approach 100 dollars by the end of this year. As the expert noted in his comments to socialbites.ca, prices will increase by December due to fuel shortages on the global market.
Previously Novak saidHow does the easing of the diesel export ban affect the supply abroad?