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Oil ICYMI - EU considers capping Russian diesel price at $100 a Barrel

Oil ICYMI - EU considers capping Russian diesel price at $100 a Barrel

Overnight piece from Bloomberg (gated). In summary:

  • The European Union is floating a plan to cap the price of Russian diesel at $100 a barrel
  • From February 5 (the same date as the EU will ban almost all imports of refined Russian products)
  • $45 threshold would be set for discounted ones like fuel oil

Bloomberg citing unnamed 'people familiar'.

EU discussion of the cap will begin formally today, Friday, 27 January 2023. Talks are expected to continu... Read More

Posted: Jan 26 2023, 22:00
Author Name: forexlive
Views: 110190

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