Russia will not supply oil to countries that set a price ceiling

MOSCOW, 13 Oct – PRIME. Russia will not supply oil to countries that will set a price ceiling, neither at $60 per barrel, nor at any other cost, Russian Deputy Prime Minister Alexander Novak said.

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1 Novak commented on the decision of the United States on the ceiling of prices for Russian oil

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Novak commented on the decision of the United States on the ceiling of prices for Russian oil

On Wednesday, US Treasury Secretary Janet Yellen proposed a price ceiling for Russian oil at about $60 a barrel. Russian President Vladimir Putin, commenting on the West’s idea to limit prices for Russian energy resources, stated that Russia would not supply anything abroad if this would be contrary to its own interests.

“Russia will not supply those countries that will set a price ceiling, whatever it may be, $60 or another. This is interference in market instruments. We are ready to work with those consumers who are ready to work on market conditions,” Novak said in a statement. interview with Naila Asker-zade on the TV channel “Russia 1”.

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Commenting on Washington’s decision to impose a ceiling on prices for Russian fuel, Novak also said that the US could set a ceiling price for its supplies to Europe.

“As for the head of the US Treasury, who proposed some figure, we would probably advise our American partners in this regard to set some marginal price for the resources they supply to Europe,” the Deputy Prime Minister said.