Washington Not Likely To Lower Russian Oil Price Cap–Yet | OilPrice.com

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Washington Not Likely To Lower Russian Oil Price Cap–Yet | OilPrice.com
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As Europe discusses the possibility of further lowering the G7’s $60 price cap on Russian crude oil to squeeze Kremlin coffers more, Bloomberg is citing unnamed sources as saying that the Biden administration would likely oppose such a move.

Blinken Looks To Ease Tensions Between Armenia And AzerbaijanZelensky Questions Whether Putin Is Still AliveStrikes In France Halt Fuel Deliveries From Three RefineriesJapan’s Crude Oil Imports Increase For The First Time In A DecadeAustralian LNG Giant Reports Record Sales Revenues In 2022Crude Oil, Product Inventory Builds Pressure

PricesHungary Threatens To Hold Up EU Sanctions Once AgainUK’s Top Oil Producer To Cut Jobs Over Windfall TaxRussia Remains Top Seaborne Oil Supplier To Europe Despite SanctionsChinese Fuel Exports Surge As Gasoline Sales Match Record HighSaudi Aramco Is ‘Very Optimistic’ About Oil DemandU.S. Natural Gas Demand Set To Climb As Cold Weather Closes In

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