The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The European Union took a tentative step closer to a new price-cap regime on Russian oil that would aim to push the price of ...

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

By Julia Payne and John Irish BRUSSELS/PARIS (Reuters) -The European Commission is expected to propose a floating Russian oil ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

The European Union faces challenges in adopting its 18th sanctions package against Russia due to disagreements over the oil ...

The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark ...

The European Union may link the so-called price cap on Russian oil to global market prices. Source: Bloomberg Quote: "Member ...

Russia's revenue from crude oil and oil product sales declined by nearly 14 per cent year-on-year (YoY) in June, reaching $13 ...

Tallinn says lowering cap from $60 to $45 per barrel would be most efficient way to curb Moscow’s energy revenues - Anadolu ...

The European Commission is reportedly set to propose a floating price cap on Russian oil exports. The price cap is aimed at curbing Russia's income from oil exports in response to its invasion of ...

This chaos would have led to global oil prices spiralling to over USD 120-130 per barrel, as all consumers would have been ...