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Started By
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EU officially adopts price cap on Russian oil, will limit the price to $60 per barrel
Posted on 12/4/22 at 8:31 am
Posted on 12/4/22 at 8:31 am
LINK
quote:
The EU has decided to cap the price of Russian seaborne oil exports at $60 per barrel, according to the latest edition of the Official Journal of the EU, published on Saturday.
The measure is to come into effect on December 5, with a transition period of 45 days for vessels carrying Russian oil purchased and loaded prior to that date, and unloaded at the port of destination prior to January 19, 2023.
quote:
“It shall be prohibited to provide, directly or indirectly, technical assistance, brokering services or financing or financial assistance, related to the trading, brokering or transport, including through ship-to-ship transfers, to third countries of crude oil or petroleum products…which originate in Russia or which have been exported from Russia,” the EU clarified in the Journal.
Russian oil and oil products which are sold at or below the $60 threshold will be exempt from these restrictions. Additionally, a cap on Russia’s other petroleum products will come into force on February 5.
quote:
Russia has repeatedly warned it will not supply its energy to countries that support the price cap.
This post was edited on 12/4/22 at 8:32 am
14
Posted on 12/4/22 at 8:32 am to Major Dutch Schaefer
Putin has them cornered because of their woke ideology fake climate change agenda . Their people will suffer
Posted on 12/4/22 at 8:35 am to Major Dutch Schaefer
quote:
EU officially adopts price cap on Russian oil
quote:
Russia has repeatedly warned it will not supply its energy to countries that support the price cap.
Posted on 12/4/22 at 8:36 am to Major Dutch Schaefer
People will starve. And they chose to do so
Posted on 12/4/22 at 8:37 am to Major Dutch Schaefer
Wait, so does this mean that I can adopt a price cap on stuff and it will work? Coolpapaboze has adopted a price cap on wine. I will pay no more than $25 per bottle of Chateau Latour. This is gonna be great!!!!
Posted on 12/4/22 at 8:37 am to Major Dutch Schaefer
China will buy it from Russia.
EU just kneecapped themselves.
EU just kneecapped themselves.
Posted on 12/4/22 at 8:38 am to Major Dutch Schaefer
So... this solves everything? The war is over?
Posted on 12/4/22 at 8:40 am to Major Dutch Schaefer
I wonder if Russia will have any say in this EU decision? Of course they will and they will laugh at the arrogance of the EU.
Posted on 12/4/22 at 8:41 am to Major Dutch Schaefer
Hammer (no sickle) incoming
Posted on 12/4/22 at 8:41 am to Major Dutch Schaefer
Posted on 12/4/22 at 8:42 am to Major Dutch Schaefer
CitizenCCP owns three Oil and gas companies.
He said that he will give them what they need for free!
He said that he will give them what they need for free!
Posted on 12/4/22 at 8:43 am to Major Dutch Schaefer
And this is how you create a massive black market.
Posted on 12/4/22 at 8:49 am to loogaroo
quote:
China will buy it from Russia. EU just kneecapped themselves.
That was the plan all along
Posted on 12/4/22 at 8:56 am to jbgleason
quote:
And this is how you create a massive black market.
More like a red market called China.
Russia sells to China...
China sells to the EU...
The politicians implementing green communism get their kickbacks...
The people suffer...the end.
Posted on 12/4/22 at 9:10 am to jimmy the leg
Well said
Posted on 12/4/22 at 9:13 am to Major Dutch Schaefer
I guess if you’re going to do this, the best time to do this is in the dead of winter when people can die if they don’t get oil to heat their homes.
This post was edited on 12/4/22 at 9:13 am
Posted on 12/4/22 at 9:18 am to Major Dutch Schaefer
the EU thinks their colonializm is still a force in the world.
Posted on 12/4/22 at 9:18 am to Major Dutch Schaefer
Wage and price controls.
Does anyone know when they have worked in history?
Never.
Posted on 12/4/22 at 9:18 am to TrueTiger
More wages with lower prices have never worked
Posted on 12/4/22 at 9:20 am to jimmy the leg
Every one of POTAUS’ decisions has helped Russia.
We could be exporting domestic production to the EU…but nope.
We could be exporting domestic production to the EU…but nope.
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