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US Treasury Secretary Janet Yellen is urging a cap to be paid oil to decline, and make it more difficult for Moscow to finance its attack on Ukraine.
Quotes "Interfax" About Novak saying: "If these prices they are talking regarding are less than the cost of producing oil, then Russia Of course, it will not guarantee the supply of this oil to world markets. This means that we simply won’t work at a loss".
The Russian President said Vladimir Putin Speaking to reporters earlier on Wednesday, oil prices would see sharp increases if a cap was imposed.
Brazil, China, India and some countries in Africa and the Middle East are increasing energy imports from Russia, which sells at steep discounts on global benchmarks because many European refiners have stopped buying Russian oil.
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US Treasury Secretary Janet Yellen is urging a cap to be paid oil to decline, and make it more difficult for Moscow to finance its attack on Ukraine.
“Interfax” quoted Novak as saying: “If these prices that they are talking regarding are lower than the cost of oil production, then the Russia Of course, it will not guarantee the supply of this oil to world markets. This means that we are simply not going to work at a loss.”
The Russian President said Vladimir Putin Speaking to reporters earlier on Wednesday, oil prices would see sharp increases if a cap was imposed.
Brazil, China, India and some countries in Africa and the Middle East are increasing energy imports from Russia, which sells at steep discounts on global benchmarks because many European refiners have stopped buying Russian oil.
