U.S. urges caution on low-quoted Russian oil prices as EU debates price cap

Posted 2022-12-01, Reuters Headlines

Photo: AP / Petr Shelomovskiy

NEW YORK, Nov 30 (Reuters) - The Biden administration broke its silence on Wednesday on European Union deliberations over a $65-70 per barrel Russian oil price cap on Wednesday, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution. A U.S. official told Reuters that... read full story

Photo: File: Gazprom oil producing facility situated in the Yamal region, Russia.

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