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The Ministers Cabinet approved an action plan in case of a crisis in the oil market crisis

Photo: Kabmin Ukrainian

The action plan determines the mechanisms of using the results of monitoring the oil and oil market.

The government approved a plan of action in the event of a crisis in the oil and oil market crisis in Ukraine. This was announced by the ongoing Cabinet representative at Verkhovna Rada Taras Melnichuk.

According to him, the action plan determines the mechanisms of use of oil and oil market results, the evaluation of factors, trends, and additional factors that affect the state of oil allocation and Ukraine consumer oil products; mechanisms for calculating state indicators and indicators of oil market and oil products to identify signs of a crisis situation; The levels of the crisis situation in the oil and oil products market.

Decision -making methods for the introduction and termination of the crisison situation are also defined; The list of participants’ activities and actions in the crisis situation for each level of crisison’s situation, etc.

The Ministers’ cabinet has increased the procedure for functioning and maintaining the electronic reporting system along with the tasks provided for the action plan to overcome the crisone of the oil and oil market crisis in Ukraine.

Keep in mind that Ukraine has called on the countries of seven groups to reduce the installed price ceiling for Russian oil from the current $ 60 to $ 30 per barrel.

Oil prices in the world are reduced

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Source: korrespondent

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