Permanent representatives of the EU countries agreed on a price ceiling for Russian oil products

This is stated in a message on the Twitter account of the Swedish Presidency of the Council of the EU.

“EU Permanent Representatives today approved price ceilings for petroleum products ahead of final approval by the EU Council,” the Presidency said.

According to RIA Novosti with reference to Reuters, the ceiling is set at $100 per barrel for oil products traded at a premium, and $45 per barrel for those traded at a discount.

Earlier it was reported that on February 1, the decree of Russian President Vladimir Putin on retaliatory measures to the ceiling on oil prices from Russia from the G7 and the European Union came into force.

The head of state has banned the supply of oil and oil products from Russia to those who prescribe the maximum price for Russian energy resources in contracts.