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EU edges closer to imposing $60-a-barrel cap on Russian oil prices

Por: MarketWatch Business December 02, 2022

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The latest offer, confirmed by 3 EU diplomats, comes ahead of a deadline to set the price for discounted oil by Monday, when a  and a ban on shipping insurance for those supplies take effect. The diplomats also spoke on condition of anonymity because the legal process was still not completed. The $60 figure would mean a cap near the current price of Russia’s crude, which fell this week below $60 per barrel, and is meant to  to the world... + full article



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