Zelensky calls to limit the price of Russian oil between 30-40 dollars: Report – POLITICO

Ukrainian President Volodymyr Zelensky on Saturday demanded that the price of Russian offshore oil be set at $30-$40 per barrel, which is much lower than the level proposed by the G7, Reuters reported. EU governments are divided over the G7’s push to set the limit at $65-$70 a barrel. “The limit under consideration today – … Read more

Energy ministers to meet again in December to agree on gas price cap – POLITICO

EU energy ministers will reconvene before Christmas – most likely on December 13 – for the next emergency Energy Council amid widespread disapproval of Brussels’ gas price cap proposal. Ministers meeting for an Energy Council in Brussels on Thursday reached an informal agreement on the less controversial elements of the Commission’s energy crisis package, four … Read more