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The Russian Federation began selling Urals oil at a quarter higher than the price ceiling – media

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American officials still positively assess the restrictions that force Russia to sell raw materials through the “shadow fleet.”

Russia is selling its top Ural grade oil for $75 a barrel, a quarter more than the price set by G7 members. Bloomberg reported this on Wednesday, April 10.

US officials are tracking the rise in prices and linking it to broader geopolitical dynamics. The oil of the Urals is sent from the ports of the Baltic and Black Seas.

Any Western company involved in the transportation of Russian oil must receive a special document certifying that the cost of the cargo does not exceed $60 per barrel.

The American official said capping oil prices still has the intended effect of reducing the amount of money the Kremlin has from selling it. The restriction forces the Russian Federation to sell raw materials through Russia’s “shadow fleet.”

“The United States plans to continue to apply restrictions, which impose sanctions on vessels operating in the dark fleet, but will not do so in response to any specific market movements,” the official told the publication. anonymously.

As we wrote earlier, Russia reported a sharp increase in revenues in the first quarter, thanks in part to a one-time tax payment and rising oil prices.

Oil prices rose to a six-month high
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Source: korrespondent

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