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Russia will not be able to bypass the “ceiling” of oil prices – USA

The total income of the state of the Russian Federation from the sale of energy resources has decreased, the US Treasury is confident.

Russia cannot exceed the price limit for oil products introduced by the international community. This was said by the Deputy Secretary of State Treasury Ben Harris, writes Bloomberg.

He noted that he does not have accurate data confirming the information that the Russian Federation is avoiding sanctions by using coalition service providers and receiving payments above the ceilings.

Harris could not say how much Russia gets from each barrel of oil, but the government’s total energy revenue has declined, he said, even as production has remained relatively flat and global oil prices have remained stable. .

Recall that the EU embargo on Russian oil delivered by sea began on December 5, 2022. At the same time, the EU, the G7 countries and Australia set a ceiling on Russian oil supplies at $60 per barrel.

In addition, the EU has set two price ceilings for oil products from Russia. Oil products traded at a discount to crude oil have a cap price of $45 per barrel. This category includes, for example, fuel oil.

The second price ceiling at $100 per barrel is set for highly refined petroleum products traded at a premium to crude oil. This group includes gasoline and diesel fuel.

In response, Russian President Vladimir Putin signed a decree banning oil supplies to “unfriendly” countries.

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Source: korrespondent

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