Russia's ESPO oil blend from the Far Eastern port of Kozmino was selling for around $79 a barrel in Asian markets on Monday - almost a third higher than the price cap imposed on Russian oil by the G7 and European Union - according to Refinitiv data and estimates from industry sources.
Russia exports up to 65 million tons of ESPO Blend oil per year via the Eastern Siberia-Pacific Ocean pipeline, including up to 35 million tons through the port of Kozmino.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
G7 price cap on Russian oil kicks in, Russia will only sell at market priceThe G7 price cap on Russian seaborne oil came into force as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production
Lire la suite »
No OPEC+ oil shakeup as Russian price cap stirs uncertaintyThe OPEC oil cartel and allied producers including Russia aren't changing their targets for shipping oil to the global economy.
Lire la suite »
All EU governments complete approval of Russian oil price capAll European Union governments completed on Saturday the written approval of a $60 per barrel price cap on Russian seaborne oil, the European Commission said, paving the way for its publication in the EU's Official Journal and entry into force on Dec. 5.
Lire la suite »
Live blog: Zelenskyy says Western price cap on Russian oil 'not serious'Ukraine says level of price cap on Russia oil isn't serious, and US expects reduced tempo in fighting to continue for months as conflict rolls into its 284th day Follow our live coverage:👇
Lire la suite »
Kremlin rejects EU oil price cap: 'Europe will live without Russian oil'The Kremlin on Saturday rejected EU efforts to hit Russia's top earner by placing a price cap on its oil and said 'Europe will live without Russian oil.'
Lire la suite »