Russia/energy price cap: complex plan may not be needed

Financial Times LogoFinancial Times1 mo ago

Russia/energy price cap: complex plan may not be needed

Quick Summary AI Powered

Instead of slashing oil supply to all countries — Russia is the world’s number-three producer — it would allow it to flow.

The G7 countries are considering a price cap for Russian oil sales.

Even with a yawning gap to the Brent price, Urals oil trades at $85 per barrel.

More Pictures


Article Details

Category: MarketsFinanceInvesting

Topics: Current Energy Sites Price Financial Budget Urals Russian

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 12:43:13

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 506 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 18589

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website:

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 13h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.