russian oil revenue Archives - Marketplace

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Sanctions designed to keep the price of Russian oil low seem to be working

by Sabri Ben-Achour

Jan 10, 2023

Whether they $60 a barrel price cap will continue to work in the long run is an open question though.

Russian oil is trading at prices well below those of oil from other countries after the implementation of oil price caps. Above, a refinery on the outskirts of Moscow.

Natalia Kolesnikova/AFP via Getty Images

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