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There will be significantly less oil on the market, and its price will be much higher. Moreover, it will exceed the projected astronomical price of $300–400. Compare this with the dynamics of gas prices.
#Oil #Economy #Economy of Russia #Russia #Words of politicians and officials

They will trade and sell for 60 and for 30... everyone who buys. Russia will still sell oil, despite the price cap that has been introduced.
#Russia #Oil #Economy #Economy of Russia

Already now, at the beginning of the year, oil is below $50. And it is unlikely to become more expensive.
#Oil #Economy #Economy of Russia #Russia

Yes, there is Latvia's position that it wants to propose to the European Union to set the price cap at 30. Well, they won't set it. Price cap on Russian oil at 30.
#Economy #Russia #European Union #Oil

They will accept it anyway. Price cap on Russian oil.
#Russia #Oil #Economy

As for oil, I still think they will implement it. Price cap on oil for Russia.
#Oil #Russia #Economy