Russia Price Cap
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Russia moves to cut oil production over western price capsRussian exporter Gazprom has cut off most supplies of natural gas to Europe, citing technical issues and refusal by some customers to pay in Russian currency.WorldFeb 10, 2023
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EU countries agree to additional price caps on refined Russian oil productsThe price caps are $100 per barrel on products that trade at a premium to crude, such as diesel, and $45 per barrel for products that trade at a discount, such as fuel oil.WorldFeb 3, 2023
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Russian oil price cap ‘too lenient,’ as Moscow still able to fund war effort: reportOil markets, however, are now less focused on a potential loss of Russian oil than on weak demand from a slowing global economy, and prices have fallen.WorldJan 11, 2023
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