The futures price for diesel fuel on Friday on the London Stock Exchange ICE was $125 per barrel.
The G7 countries would prefer to set a price ceiling for diesel fuel from Russia in the range of $100 to $110 per barrel. Bloomberg reported this on the eve, citing a source.
“The G7 made it clear that they would be happy if the EU (with the G7 – ed.) sets a maximum price for the export of Russian diesel fuel in the range of $100 to $110 per barrel while the US and its allies try to avoid serious market disruption,” said a G7 source.
At the same time, the EU itself advocates a slightly lower ceiling – $100 per barrel.
The interlocutor of the agency noted that the G7 countries “would prefer a higher price than what the EU wants, for fear that setting too low a level could lead to price increases or disruptions supply to Europe.” At the same time, according to him, the G7 “can endure the price of $100 per barrel,” if they cannot convince the European Union.
At the same time, the futures price for diesel fuel on Friday on the London Stock Exchange ICE was $125 per barrel.
It was previously reported that Washington and Brussels plan to reach an agreement on February 5 on the price ceiling for Russian oil products.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.