“It is expected that with the current oil price cap set by the G7, Russian crude oil exports will not be significantly affected, as Russian trade is redirected from countries that have adopted sanctions to countries that have not imposed them,” RIA Novosti quotes a fragment of the fund’s forecast.
Earlier it became known that the survey of the price ceiling for Russian oil was not discussed during the OPEC+ meetings.
On Jan. 21, the US Treasury Department announced that Washington, along with Western allies, will assess whether the price ceiling for oil from Russia is consistent with current market conditions.