U.S. urges caution on low-quoted Russian oil prices as EU debates price cap

Written by on December 1, 2022

NEW YORK, Nov 30 (Reuters) - The Biden administration broke its silence on Wednesday on European Union deliberations over a $65-70 per barrel Russian oil price cap on Wednesday, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution.

A U.S. official told Reuters that recently quoted Urals prices in the $52-a-barrel . . .



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