Home Forex Oil ICYMI – EU considers capping Russian diesel value at $100 a Barrel

Oil ICYMI – EU considers capping Russian diesel value at $100 a Barrel

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Oil ICYMI – EU considers capping Russian diesel value at $100 a Barrel

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In a single day piece from Bloomberg (gated). In abstract:

  • The European Union is floating a plan to cap the value of Russian diesel at $100 a barrel
  • From February 5 (the identical date because the EU will ban nearly all imports of refined Russian merchandise)
  • $45 threshold can be set for discounted ones like gas oil

Bloomberg citing unnamed ‘individuals acquainted’.

EU dialogue of the cap will start formally right now, Friday, 27 January 2023. Talks are anticipated to proceed over the following a number of days,

Right here we go, ungated entry right here if you would like extra element.

I am gonna express regret upfront. Hey, its Friday!

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