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El-Erian Says Western Sanctions On Russian Oil Expected To Increase Discount On Urals Relative To Brent: But ‘What Is Harder To Anticipate Is…’

By Bhavik Nair
December 5, 9:50 PM
Allianz chief economic adviser and noted economist Mohamed El-Erian has highlighted the fact that although the discount on Russian crude oil relative to Brent crude will increase following Western sanctions, it is s

BNO

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Putin’s Point Man On Energy Says Russia Won’t Adhere To Western Oil Price Cap Even If It Has To Cut Production

By Bhavik Nair
December 4, 9:52 PM
President Vladimir Putin's point man on energy and Russian Deputy Prime Minister Alexander Novak said even if Russia has to trim production, it will not sell oil subject to a Western price

BNO

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G7 Sets $60 Per Barrel Price Cap On Russian Oil: Here’s The Kremlin’s Response

By Bibhu Pattnaik
December 3, 10:50 AM
The Group of Seven (G7) nations have agreed to put a price cap of $60-per-barrel on Russian crude oil. On Friday, the European Union decided on the same price.

CVX

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Key EU Nations Mull Lowering Russia Oil Price Cap Level To $60

By Benzinga Newsdesk
November 30, 11:51 AM
- Bloomberg

RSX

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To Deter Putin From ‘Gaming’ System, G7 Reportedly Agrees To Set Fixed Price For Russian Oil

By Bhavik Nair
November 3, 9:38 PM
The Group of Seven (G7) rich nations and Australia have decided to set a fixed price when they finalize a price cap on Russian oil later this month, as against adopting a floating rate, Reuters reported, citing anonymous s

BNO

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Will Indonesia Ignore US Sanctions Threat And Buy Russian Oil? President Widodo Says If A Country Offers Better Price, ‘Of Course’

By Bhavik Nair
September 12, 11:39 PM
As pressure piles on the Indonesian government over surging energy costs, the country is reportedly considering to join its Asian counterparts in buying Russian oil. 

BNO

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