Russian Deputy Prime Minister Alexander Novak said on Wednesday that European Union moves to add what he called "exemptions" ...

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards ...

The price ceiling on Russian oil deprived Moscow of $8 billion in revenues in January, Reuters reported on Feb. 5, with ...

After much deliberation, the G7 set a price cap of $100/bbl for Diesel, Gasoline and Jet fuel. For products that generally trade at a discount to crude oil, the price cap has been set at $45/bbl. The ...

Industrialized countries in the Group of Seven are imposing a price cap on refined Russian oil products such as diesel and ...

These measures apply to Russian crude oil falling under CN code 2709 and Russian petroleum products falling under CN code 2710. Oil and petroleum products which originate in a third country and are ...

Edward Bell of Emirates NBD discusses the Group of Seven and EU's price cap on Russian petroleum products. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get ...

U.S. Treasury Secretary Janet Yellen says industrialized countries in the Group of Seven are imposing a price cap on refined ...

According to Rosneft’s chief executive, the price of Russia’s flagship oil blend is now being set by Asia rather than by ...

Questions around the G7 Russian oil price cap abound, but not for lack of trying from the International Group of P&I Clubs.

After delaying a vote on Wednesday due to disagreements among member states, member nations of the European Union are hoping ...