Russia will not sell oil at the price set by the West
Russia will not sell oil at a price set by the West. Photo: Pixabay
Russia will not sell its oil Western Price Recordbecause for Moscow it is a political issue.
Bloomberg oil analyst Julian Lee writes about this.
This is how he commented on the American idea of a “price ceiling” for oil.
“I do not believe that even one barrel of Russian oil will be sold at a fixed price,” the expert wrote.
“The Kremlin is betting that the shutdown of the Siberian oil pumps will hit the buyer more than Russia, a calculation it has already made for the supply of gas,” the author believes.
Therefore, in the coming weeks before the introduction of the oil embargo, the EU expects large expected oil prices, Lee said.
“Don’t expect markets to slip quietly into winter,” he warned.
Recall Russian President Vladimir Putin said that the Russian Federation “will not supply energy resources to countries that limit oil prices”. He is confident that the restrictions will lead to a deficit, and “no financial interventions and printing of oil reserves will not correct the consequences” of the price ceiling.
We previously wrote that In the US, it was announced that the price of Russian oil within the expected upper price level has not yet been finally determined.details are being worked out.
Strana also said that the head of the Russian Gazprom, Alexei Miller, said that the introduction of gas price restrictions by the West violates the terms of acceptable contracts. According to him, it’s use to gas consumption.