Ceiling price

Unpredictable consequences if the EU applies gas price ceiling

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Europe is at risk of facing serious consequences if it applies a price ceiling on gas to reduce energy costs.

Surprising proposal as EU loses Russian gas supply

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Italy is pushing for a gas price ceiling in the European Union (EU) of 60 euros, down two-thirds from the current ceiling of 180 euros.

India's surprisingly important role in the global oil market

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India is playing an increasingly important role in the global oil market by buying Russian oil for refining and then selling to Europe and the US.

Russia's policy to limit damage from oil exports

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Russia is considering taxing oil companies based on Brent oil prices instead of Urals to limit negative impacts on budget revenue.

Only one country benefits from sanctions against Russia

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According to the Russian Finance Minister, only one country benefits from Russian sanctions when it takes advantage of the sanctions to sell LNG to Europe at bargaining prices.

Surprised by India's market share in Russian oil exports

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India is expected to remain Russia's top Urals crude oil importer for December - the second consecutive month, Reuters quoted data from Refinitiv and traders.

Gazprom owner warns of the consequences when applying the price ceiling for Russian gas

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Gazprom CEO Alexei Miller said the plan to impose a price cap on Russian exports would stop supplies.

Western countries expected to face deadly sanctions against Russia

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Western countries applying price ceilings to Russian oil could be a "life-threatening blow" to them, according to Forbes.

EU buys ropes to tie itself up with gas price ceiling plan

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The European Commission acknowledged that the EU's gas price ceiling plan would come with many risks.

When the EU imposes tariffs, where will Russia sell crude oil?

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Russia must find new crude oil customers and face more expensive logistics costs to deliver to further destinations.

US threatens to sanction Russian oil buyers

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The US has threatened to impose sanctions on Russian oil buyers who do not comply with the price ceiling proposed by the G7.

Russia-EU gas war climbs new stages

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The EU plans to impose a price cap on Russian gas, while Russia has warned of cutting off all supplies to the EU.

EU loosens sanctions on Russian oil

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The EU has adjusted sanctions against Russian oil to limit risks to global energy security.

Russia warns of possible suspension of global oil exports

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Russia has warned that oil exports could stop if the West imposes a price cap on Russian crude oil.

G20 Chairman warns about imposing price ceilings on Russian oil

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The imposition of price ceilings on Russian oil could increase the gap between supply and demand, warned the Finance Minister of Indonesia, a G20 chair country.