The price limit for Russian oil products is supported at the level of $100
G7 countriesEurope Union Russia 110 of the last price limit per barrel of oil products dollars regarding the determination offer they gave
(G7 countries USABig BritainGermany, Italy, Canada, FranceJapan)
With reference to the G7 official representative Bloomberg of the final price limit 100 dollars writes that it will be taken.
Russia to Ukraine military from February 5, 2023, within the framework of sanctions imposed in response to its aggression Russia two price limits for oil products will start operating in the world.
One of them is petroleum products (diesel fuel, gasoline), and the other is for products usually sold at a discount (fuel oil).
Europe Commission for the first barrel 100 dollarsand plans to set the second at $45.
The price ceiling means that the G7 countries and European Union Russia will provide insurance and financial services related to oil products only if they are purchased at or below the specified threshold price.
Sea in December 2022 way The price limit for Russian oil exported in
In response, Russian President Vladimir Putin Russia has banned the sale of oil and oil products to countries that agree to the price ceiling.
The price limit applied to oil products to Ukraine military calculated to reduce the resources needed by the aggressor Russia to continue the war.
Fixing a price ceiling is also aimed at preventing supply disruptions and rapid increases in world prices.