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May 20, 2025

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TUESDAY, MAY 20, 2025

oil price cap

A well head and drilling rig in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk, Russia, March 11, 2019. REUTERS/Vasily Fedosenko/File Photo
Europe

Kremlin says it does not recognise Western price cap on its oil

U.S. Treasury Secretary Janet Yellen speaks at a news conference during the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 14, 2022. REUTERS/Elizabeth Frantz
World+Biz

Yellen says Russian oil price cap could save African countries $6 bln annually

FILE PHOTO: Russian President Vladimir Putin attends a news conference after a meeting of the State Council on youth policy in Moscow, Russia, December 22, 2022. Sputnik/Sergey Guneev/Pool via REUTERS
Global Economy

Putin bans Russian oil exports to countries that implement price cap

A dog walks past a building burned from a strike, as Russia's attack on Ukraine continues, during intense shelling in Bakhmut, Ukraine, December 26, 2022. REUTERS/Clodagh Kilcoyne
World+Biz

Russia retaliates on oil price cap as eastern Ukraine sees heavy fighting

A view shows a flare stack at Rosneft's oil stabilisation facility outside the town of Neftegorsk in the Samara Region, Russia September 6, 2022. REUTERS/Alexander Manzyuk/File Photo
Global Economy

Russia says it may cut oil output up to 7% over price cap

Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman al Saud, speaks during the Future Aviation Forum in Riyadh, Saudi Arabia, May 9, 2022. REUTERS/Ahmed Yosri
Middle East

Saudi energy minister sees no clear results yet from Russia price cap

The oil products tanker Nord and a bulk carrier sail near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel
Global Economy

Russia considers setting oil price floor in response to G7

FILE PHOTO: An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel//File Photo
Global Economy

G7 begins to press Russia on Ukraine with oil price cap

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel
Global Economy

Russia will not export oil subject to Western cap, says Putin energy point man

FILE PHOTO: An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel
Global Economy

Russia says it won't accept oil price cap and is preparing response

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel
Global Economy

Russian oil revenues could weather EU ban, G7 price cap

Ukraine wants lower cap on Russian oil, at $30-$40 per barrel
Global Economy

Ukraine wants lower cap on Russian oil, at $30-$40 per barrel

A view shows a flare stack at Rosneft's oil stabilisation facility outside the town of Neftegorsk in the Samara Region, Russia September 6, 2022. REUTERS/Alexander Manzyuk/File Photo
Global Economy

Russia will not supply oil to countries supporting price cap, Kremlin says

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