The date of the announcement of the G7 ceiling on oil prices from Russia became known
Bloomberg: G7 countries to announce oil price ceiling from Russia on November 23
The G7 countries plan to announce on November 23 at which level the Russian oil price ceiling will be set. The agency made the announcement on Friday. Bloomberg.
According to the publication, the US administration intends to “privately” indicate the proposal of the “Group of Seven” ahead of the meeting of the permanent representatives of the European Union (EU) countries that will take place that day. According to reports, the price cap may be announced the same evening if the Standing Committee supports the proposal.
At the same time, another Bloomberg source familiar with the negotiations could not confirm the specified date. According to him, at the moment there is no final certainty that the EU will approve any proposal for an oil price ceiling.
On October 5, the European Union approved the eighth package of sanctions against Russia for launching special military operations in Ukraine. Accordingly, the Russian oil price ceiling is being implemented. If the value of oil exceeds the established limit, it makes sense to ban the transportation of oil to third countries by sea.
The EU ban on sea imports of Russian oil will come into effect from December 5 this year, oil products – from February 5, 2023.
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