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Price Cap News

Russia says 'no preconditions’ for peace in UkraineKremlin spokesman says Russia 'attentively' considers all ideas expressed in Beijing, referring to China’s peace plan08 March 2023 Wednesday 00:58

Estonia suggests price cap on Russian LNGRussia earns billions from LNG trade, says Estonian Foreign Minister20 February 2023 Monday 15:43

EU ban on Russian oil products could be counterproductive for energy markets: ExpertsWestern countries stockpiled products in advance, negative impacts may not be seen 'immediately'05 February 2023 Sunday 00:33

EU ambassadors agree on price cap for Russian oil productsImport ban tales effect Feb. 504 February 2023 Saturday 01:38

Russia's ban on oil sales to countries complying with price cap takes effectPresidential decree was signed in December, ban to remain in place for 5 months01 February 2023 Wednesday 12:18

Russian oil price cap could save African countries $6B annually: USTreasury secretary says Washington, allies will soon implement price cap on Russia's refined oil products as well20 January 2023 Friday 22:18

Russia's seaborne crude oil exports down 9% in 1st month of price capRussia's seaborne crude exports dropped 266,000 barrels a day in December after beginning of price cap and embargo by EU13 January 2023 Friday 10:43

Putin instructs government to solve problems related to price cap on Russian oil exportsRussian president demands report on how energy sector is coping with price cap, other issues12 January 2023 Thursday 00:33

EU oil ban, price cap estimated to cost Russia €160 million per day: StudyAdditional measures banning imports of oil products from Russia as of Feb. 5 expected to cost country further €120 million11 January 2023 Wednesday 07:03

Russia's oil export ban has 'no practical significance': GermanyBerlin has been preparing to replace Russian oil exports since early summer, says German spokesman28 December 2022 Wednesday 23:23

UPDATE - Putin prohibits supplying Russian oil to countries using oil price capRussian president signs decree on measures retaliating for price cap on Russian oil27 December 2022 Tuesday 20:23

Putin prohibits supplying Russian oil to countries using oil price capRussian president signs decree on measures retaliating for Russian oil price cap27 December 2022 Tuesday 19:23

Germany’s ‘concern’ regarding Putin’s visit to Belarus is ‘absurd’: KremlinContacts between Russia, Belarus, which are two close allies, should not bother anyone, says Kremlin spokesman25 December 2022 Sunday 17:53

Top Russian official calls EU gas price cap 'non-market measure'Former President Dmitry Medvedev says decision made because of EU’s 'incapability to influence situation’24 December 2022 Saturday 03:13

Russia to prohibit oil sales to countries introducing price capDeputy Prime Minister Alexander Novak says Russia may decrease oil production by 5% to 7%23 December 2022 Friday 11:18

UPDATE - Oil price ceiling is a road to 'world energy destruction,' says PutinRussian president warns oil prices can 'skyrocket,' price cap will hurt those trying to implement these tools22 December 2022 Thursday 22:38

UPDATE - EU energy ministers agree on gas price capCap to be $190 per megawatt-hour starting from Feb. 1519 December 2022 Monday 20:13

EU energy ministers agree on gas price capCap will be $190 per megawatt-hour19 December 2022 Monday 18:53

Germany’s Bundestag approves price cap for gas, electricityGovernment’s relief package aims at protecting households, companies from skyrocketing prices15 December 2022 Thursday 16:53

Türkiye presses US on navigational safety in Turkish StraitsTurkish deputy foreign minister tells US official Ankara needs proof of insurance from oil tankers moving through Turkish waters09 December 2022 Friday 22:23

More Russia-US prisoner swaps possible, says PutinRussia-US intelligence talks will continue, but only focus is prisoner exchanges, says Russian president09 December 2022 Friday 18:38

US says Russian oil price cap does not involve ships through Turkish watersPrice cap does not necessitate additional checks on ships passing through Turkish territorial waters: US Treasury deputy secretary07 December 2022 Wednesday 22:38

Russia mulling 3 possible responses to oil price cap measures, reports local mediaMoscow mulling possible oil export bans in wake of recent EU, G-7 price cap for Russian crude, say authorities07 December 2022 Wednesday 12:18

Progress made on Zaporizhzhia nuclear plant safe zone, says senior Russian diplomatControls on Ukrainian shelling of nuclear plant must be included in safe zone deal, says Russian deputy foreign minister06 December 2022 Tuesday 16:58

Poland, Estonia, Lithuania welcome price cap on Russian oilOil price cap will ensure effectiveness of sanctions imposed on Russian oil, says ministers of three countries05 December 2022 Monday 14:58

Moscow preparing response on price cap for Russian oil: KremlinRussia will not recognize any oil price ceiling, says spokesman Dmitry Peskov05 December 2022 Monday 14:03

OPEC+ agrees to continue output cut until end of 2023Decision comes day before EU ban, price cap on Russian oil exports comes into force04 December 2022 Sunday 16:58

Russia says 'will not accept' price cap on oil exportsMoscow has been preparing for such a move, says Kremlin spokesman03 December 2022 Saturday 16:48

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