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EU countries agree $100/bbl price ceiling for Russian oil products

World Materials 3 February 2023 22:51 (UTC +04:00)
EU countries agree $100/bbl price ceiling for Russian oil products

The EU countries have reached an agreement to set the price ceiling for Russian oil products from February 5, Trend reports citing TASS.

EU permanent representatives agree to set the price cap for diesel fuel at the level of $100 per barrel and for discounted petroleum products as $45 per barrel.

The decision is to be approved by the EU Council at the ministerial level to become effective at Saturday night.

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