Tag: ceiling
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Russian oil is flowing to India and China above the price ceiling levels
India and China turned a blind eye to the US warnings, as they continue to import Russian oil at prices that exceed the ceiling set by Western countries in an attempt to reduce Moscow’s energy revenues. Beijing and New Delhi captured the vast majority of Moscow’s oil exports in April (so far) at prices above…
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India declares its position on buying Russian oil above the price ceiling
India has defended its Russian oil imports, which have peaked recently, stressing that it faces its biggest economic threat. New Delhi confirmed the possibility of buying Russian crude at a level close to or exceeding the price ceiling imposed by the West in the aftermath of Moscow’s war on Ukraine, according to a report published…
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Russian oil price ceiling survives revision in March
It seems that the ceiling of Russian oil prices will not witness any additional burdens that may be imposed by the countries allied against Moscow, which were scheduled to review the restrictions imposed this week. And Western officials announced today, Tuesday, March 21 (2023), that it is unlikely that the European Union and the Group…
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Moscow responds to developments in the ceiling of Russian oil prices
Moscow described the “waivers” of the Russian oil price cap as tangible evidence of continued demand for Russian supplies. On Tuesday, February 7 (2023), the European Commission published an explanation of the decision to impose a price cap on Russian oil products, in which it specified the cases to which the price ceiling does not…
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Russian oil derivatives are witnessing an agreement on the ceiling of their prices
The countries of the European Union, the Group of 7, and Australia agreed on the new price ceiling for Russian oil derivatives, which is scheduled to enter into force starting tomorrow, Sunday, February 5 (2023). And the countries, which met on Friday night, February 3, announced that they had reached an agreement on a new…
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Russian diesel will not be spared from the price ceiling.. and Europe is studying a maximum of $100
The European Union is close to banning Russian oil derivatives transported by sea, particularly Russian diesel, a step that could lead to a scarcity of global supplies and an increase in prices. It is likely that the impact of the ban on Russian oil derivatives will become more severe than the ban on Russian oil…
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Anas Al-Hajji: The oil price ceiling did not reduce Russia’s revenues
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that everything issued by the US Treasury Department regarding the oil price ceiling is a kind of unfounded propaganda. Al-Hajji explained – in the program “Energy humanitiesHe presented an episode of it on Twitter entitled “The World Between Extremism and Rationality… Between Price Ceilings…
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Turkey will not stop buying Russian oil despite the “price ceiling” (article)
Russia’s invasion of Ukraine, and the embargo on Russian energy exports, provided a good opportunity for Turkey to import cheap Russian oil; Moscow sold oil at a huge discount to some Asian countries and Turkey. To reduce the impact of sanctions on its oil exports. In the past 4 decades, Russia has played an important…
