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G7 countries prefer to act in concert with the EU
The cost of futures for diesel fuel on Friday at the London Stock Exchange ICE was $125 per barrel.
The G7 countries would prefer to set a price ceiling for diesel fuel from Russia in the range of $100 to $110 per barrel. Bloomberg reported this on the eve, citing a source.
“The G7 made it clear that they are happy if the EU (together with the G7 – ed.) sets a ceiling price for the export of Russian diesel fuel in the range of $100 to $110 per barrel as the US and its allies try to avoid serious disruptions to market,” a G7 source said.
At the same time, the EU itself advocates a slightly lower ceiling – $100 per barrel.
The interlocutor of the agency noted that the G7 countries “would prefer a higher price than the EU wants, because of fears that setting too low a level could lead to price spikes or disruptions in supplies to Europe.” At the same time, according to him, the G7 “could put up with the price of $100 per barrel,” if they fail to convince the European Union.
At the same time, the cost of futures for diesel fuel on Friday at the London Stock Exchange ICE was $125 per barrel.
Earlier it was reported that Washington and Brussels plan to reach a consensus by February 5 on the price ceiling for Russian oil products.
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