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The OPEC Monthly Oil Market Report (MOMR) for March 2023 released Tuesday provides OPEC’s outlook for crude oil market developments for the coming yea
[See the full post at: OPEC Monthly Oil Market Report March 2023]
G7 opposes lowering #oil price cap on Russian crude oil from US$60/bbl
– European Commission says President Biden Warned the EU that Washington has no appetite to cut the price cap via Wall Street Journal
uropean Commission officials warned the bloc’s member states about the G-7 position, saying that President Biden had told European Commission President Ursula von der Leyen in the Oval Office of the White House last week there was no appetite in Washington for adjusting the oil sanctions, according to the people familiar with the matter.
A spokeswoman for the U.S. National Security Council declined to comment.
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