G7 to set fixed price on Russian oil – Reuters ...News

Russia Today - Economy
G7 to set fixed price on Russian oil – Reuters
Rather than adopting a floating rate, they will reportedly opt for a hard-set cap, which can be revised when necessary The Group of Seven (G7) countries and Australia have agreed to set a fixed price for Russian oil instead of a floating rate pegged to an oil price index, Reuters reported on Friday, citing sources. “The Coalition has agreed the price cap will be a fixed price that will be reviewed regularly rather than a discount to an index... This will increase market stability and simplify compliance to minimize the burden on market participants,” a source told Reuters. The source added that linking the price t

Hence then, the article about g7 to set fixed price on russian oil reuters was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( G7 to set fixed price on Russian oil – Reuters )

Apple Storegoogle play

Last updated :

Also on site :



Latest News