China News Service, December 5th. According to a report by the Russian Satellite News Agency on the 4th, Russian Deputy Prime Minister Alexander Novak said that Russia's attitude towards the "oil price ceiling" policy has not changed. This is a barbaric and non-market tool. China will only export oil and oil products to countries that purchase energy at market prices, even if production has to be cut.

Data map: On May 31, an oil tanker docked at the ISAB refinery terminal in Sicily, southern Italy.

ISAB is owned by Russian multinational energy company Lukoil.

  Novak also said that Russia does not intend to use tools related to oil price caps set by the West, and is studying mechanisms to prohibit the use of price caps on Russian oil, regardless of the price "ceiling" set.

  "Because this is interference, it will only lead to greater market volatility and energy gaps and lead to less investment," Novak said. "It's not just about oil, it's about other products on the market, and it's not just about Russia, it's about Russia. Involving other countries."

  On the other hand, the "OPEC+" formed by members of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries held a meeting on December 4 and agreed not to make adjustments to the current oil production policy.

"OPEC+" described in its statement that the decision to cut production at that time was "purely based on market considerations", which was a "necessary and correct approach to stabilize the global oil market."

  Recently, the European Union, the Group of Seven (G7) and Australia have successively announced that they will set a price cap of US$60 per barrel on Russia's seaborne oil exports in order to hit Russia's oil revenue.

  Many Western media and experts believe that this price limit not only fails to achieve the desired effect of the United States and its allies, but also faces resistance in implementation, and will aggravate the turmoil in the global energy market.

  The British "Economist" magazine pointed out that the price limit order seems very smart, but Russia can use non-western tankers and insurance companies that are not affected by the price limit order, which will lead to a reduction in oil exports and a surge in global oil prices, " After all, the global energy system is far more flexible than people think."