The US Treasury proposed to set the maximum price for Russian oil in the region of $60 per barrel
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US Treasury Secretary Janet Yellen said that the maximum price for oil from Russia should be set at $60 per barrel. In her opinion, this will reduce Russia’s oil and gas revenues, but still allow the country to profit from the extraction and sale of oil.
According to Janet Yellen, the US and allies are still discussing a possible price ceiling for Russian oil. She noted that over the past five to seven years, Russia has been willing to sell oil for an average of $60 per barrel.
“So, of course, a price within these limits would be sufficient to consider that Russia can extract and sell at a profit,” Ms. Yellen said at a meeting of the International Monetary Fund and the World Bank in Washington (quoted from Reuters).
The G7 countries have announced plans to introduce a ceiling on oil prices from Russia from December 5th. 5 October European Union agreed the eighth package of sanctions against Russia, among the restrictions is a ban on the transportation of Russian oil to third countries at a price higher than the established one. Russian President Vladimir Putin declaredthat Russia will not supply energy resources to countries that limit their prices.
More details – in the material “Kommersant” “With the possibility of further indulgences”.
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