menu search

EU talks on Russian oil cap end without a deal

EU talks on Russian oil cap end without a deal

Everything is lining up delicately in the oil market in the week ahead.

EU member states met today to try to hammer out the Russian oil price cap level, which has been criticized as too low at $65 per barrel. Poland and the Baltic states want a lower number while Greece and Cyprus' powerful shipping lobby want it higher.

The G7 is waiting on that deal to put its own in place.

Bloomberg Read More

Posted: Nov 28 2022, 18:50
Author Name: forexlive
Views: 102457

Search within

Pages Search Results: