RT @BLSchmitt@twitter.com
Today the EU agreed on a $60/barrel cap on Russian oil which the G7 is set to adopt next week
If the goal of the cap is to increase pressure on the Putin regime to relent in Ukraine, this cap, around what Urals is *already* trading at, is entirely insufficient
🐦🔗: https://twitter.com/BLSchmitt/status/1598856622939394048
So it looks like the oil price cap is a dud. What a shame #oilprice
RT @BLSchmitt@twitter.com
Today the EU agreed on a $60/barrel cap on Russian oil which the G7 is set to adopt next week
If the goal of the cap is to increase pressure on the Putin regime to relent in Ukraine, this cap, around what Urals is *already* trading at, is entirely insufficient
🐦🔗: https://twitter.com/BLSchmitt/status/1598856622939394048