Bloomberg writes about this with reference to the price agency Argus.

“Urals has no buyers on the doorstep right now, so prices have to be cut to attract long-haul buyers,” said Argus analyst Michael Carolan.

According to the author of the article, the change in the price of Russian oil was influenced not so much by the introduction of a price ceiling, but by the withdrawal from the European market.

At the end of November, the cost of Russian export oil Urals fell to $51.96 per barrel.

Earlier, the head of the Energy Development Fund, economic expert Sergei Pikin, in an interview with Nation News, spoke about the consequences of introducing a ceiling on Russian oil prices for the European Union.