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Since mid -July 2023, the reference Russian oil of the Urals brand has been quot...

Sanctions have not yet taken up: in the US do not see the reasons for concern due to Russian oil

Since mid -July 2023, the reference Russian oil of the Urals brand has been quoting above $ 60 per barrel. At the same time, some petroleum products have exceeded the upper limit established by the United States, Seven countries and the European Union. The restriction of oil prices for Russia, which was introduced by the United States and allies at the end of 2022 for a full -scale invasion of Ukraine, reduced the Kremlin's revenue. Bloomberg writes about it.

So, according to the acting assistant of the US Finance Minister Eric Van Nostrand, the restrictions continue to work even nine months after administration. At the same time, the publication states that since mid -July, the flagship Russian oil of the Urals variety has been quoting higher than $ 60 per barrel, and the cost of some petroleum products has exceeded the limit set by the US, the countries of the Great Seven and the European Union.

At the same time, Van Nostrand notes that Russia continues to supply the market with oil, so in the United States "do not want to break the global oil market so that it can lead to instability. " He also stated that the US assesses the effectiveness of its policy for whether it enables buyers around the world to negotiate large discounts on Russian deliveries. "We do not measure the success of the project only how many oil molecules take place specifically under the lid.

We consider it as a market mechanism for changing the incentives of the oil market," the Ministry of Finance's representative emphasized. We will remind, on July 25, Bloomberg wrote that almost no one is interested in Russian oil on the European continent. For this reason, raw oil exports in July decreased to 104 thousand barrels a day. Veses with Russian oil almost always headed to Bulgaria.