Technical Analysis
G7 official says ‘very, very close’ on US$60 / barrel Russian oil price cap agreement
G7 price cap coalition official
- Says we are ‘very
very close’ to agreement on $60-a- barrel price cap on Russian oil
exports - Says expected
agreement calls for maintaining price cap at 5% below market price
for Russian crude - Says there is some
discretion, flexibility in determining market price for Russian
crude for price cap
This agreement is plodding along towards agreement. It’s been a long road! The latest I had was that Poland was a hold-out.
Stay tuned I guess.
