Bloomberg: The Kremlin will ban the sale of Russian oil to countries that have introduced a price ceiling for it

Bloomberg: The Kremlin will ban the sale of Russian oil to countries that have introduced a price ceiling for it

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The Russian presidential administration is preparing a decree prohibiting Russian companies and traders who buy Russian oil from selling it to countries and companies that have introduced a price ceiling. This is reported Bloomberg with a link to the source.

According to the source of the agency, “any mention of the marginal price in contracts for Russian oil or oil products” will be prohibited. Also, the Russian authorities will ban the shipment of oil to any country that maintains a price ceiling.

The Kremlin has not yet officially commented on the information about the alleged decree. President Vladimir Putin previously officially warnedthat Russia “will not supply energy resources to those countries that will limit their prices.”

As part of the eighth package of EU (EU) sanctions, it is planned to introduce restrictions on Russian oil from December 5, and on oil products from February 5. The US Treasury offered to set the price at about $40-60 per barrel. Poland and the Baltic States require set a price ceiling of $30. Due to disagreements among EU countries, agree on a price range for now failed.

Details – in the material “Kommersant” “He’s not low, not high”.

Laura Keffer

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