WSJ learns about $60 oil price ceiling proposed by the European Commission

G7 countries agree to set price ceilings for Russian oilin September. The discussion of the limit in the EU has been going on since November,

The European Commission has asked the EU member states to approve a price ceiling for Russian oil at $60 per barrel, writes The Wall Street Journal, citing sources.

High-ranking officials of the countries of the union began discussing this proposal on December 1.

Lavrov said that RUSSIA has no interest in the oil price ceiling Politics

The fact that the EU is discussing setting a price limit for oil from Russia at $60 per barrel was reported by BLOOMBERG the day before. Prior to this, the agency reported that a ceiling of $65 was considered, and later - at $62.

The discussion in the EU of limit prices for Russian oil has been going on since November, but the countries of the bloc have not yet been able to agree on them. So, Poland, according to REUTERS, was in favor of a limit of $30, and Greece demanded a ceiling of no more than $70, Politico wrote.

The G7 countries ( usa , CANADA, UK, France, Germany, Italy and Japan) have agreed to set ceiling prices for Russian oil in September in order to reduce Russia's revenues and its ability to finance military operations in Ukraine, as well as to reduce their impact on the growth of world prices for energy carriers.

Western countries are seeking to agree on an oil price ceiling before December 5, when an embargo on oil supplies from Russia by sea comes into force.

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Russian President Vladimir Putin has indicated that Moscow will not supply energy to countries that make political decisions that contradict the terms of the contracts. His press secretary, Dmitry Peskov, said that the Russian authorities were following discussions on the issue of an oil price cap, but noted that Russia intends to "be guided solely by its own interests."