Analysts predicted the level of marginal prices for oil products from Russia
[ad_1]
The ceiling on prices for Russian oil products, which unfriendly countries intend to put into effect from February 5, could be set at $650/ton or higher for expensive types (such as diesel) and $350/ton for cheap ones (fuel oil). This forecast was given by analysts of investment banks and experts. But they emphasize that in this case it is “difficult to predict because there is no objective benchmark.” For Russian oil, for example, the benchmark is Brent. In relation to it, the Urals discount reached $35/bbl in some months of 2022.
The price ceiling for Russian oil products exported by sea will come into force simultaneously with the EU embargo. The countries of the union and the G7 (includes the UK, Germany, Italy, Canada, USA, France, Japan) were supposed to start negotiations on the oil ceiling last week, wrote The Wall Street Journal, citing sources. But a specific cutoff level has not yet been called.
[ad_2]
Source link
