U.S. might set price cap for Russian oil above $60/bbl - Bloomberg

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

U.S. officials may seek a price cap for Russian oil exports above $60/bbl, a higher level than previously planned, Bloomberg reported Friday.

A higher cap would seem to contradict the primary goal of the plan - to

Recommended For You

Comments (98)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.