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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (1418076)	9/6/2023 2:12:10 PM
From: Broken_Clock	Read Replies (1) of 1585265

Bidenomics = fail Authored by Tsvetana Paraskova via OilPrice.com, The G7 has no immediate plans to review its price cap on Russian oil, with the last review having taken place in March of this year. The recent oil price rally has driven Russian oil above the G7 price cap, with its flagship Urals blend averaging $72 in August. There were some talks in June or July to do a review, but that review never happened and there are no immediate plans to do another. Despite the fact that Russia’s oil is now trading above the G7 price cap due to the oil rally in recent weeks, the group of the world’s top economies and its allies have shelved the regular reviews of the price ceiling, Reuters reported on Wednesday, quoting sources familiar with the matter.

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