16 Days
Source:
الاقتصادية
EU plans to maintain $44 oil cap
The European Union is planning to propose maintaining the Russian oil price cap at $44 per barrel, according to diplomatic sources, in an attempt to reduce Moscow's benefit from the rising oil prices resulting from geopolitical events. It is expected that the cap will not be adjusted during the July review. This measure aims to cut Russia’s revenues without significantly impacting global oil markets, as the EU continues to consider potential revisions to the cap amid ongoing price increases. Meanwhile, oil prices are expected to range between $90 and $93 per barrel in the coming period.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)