Price cap

Crude

China and India buy Russian crude at a 40% discount | OilPrice.com

The European Union again on Friday failed to reach an agreement over a cap on Russian oil prices, with the bloc’s easternmost members, including Poland, Estonia, Latvia and Lithuania, objecting that the proposed price of $60-70 a barrel for Russian crude is too generous and way above the rates that Russia currently sells crude. European …

China and India buy Russian crude at a 40% discount | OilPrice.com Read More »

Crude

China and India buy Russian crude at a 40% discount | OilPrice.com

The European Union again on Friday failed to reach an agreement over a cap on Russian oil prices, with the bloc’s easternmost members, including Poland, Estonia, Latvia and Lithuania, objecting that the proposed price of $60-70 a barrel for Russian crude is too generous and way above the rates that Russia currently sells crude. European …

China and India buy Russian crude at a 40% discount | OilPrice.com Read More »