Oil, gas and mining

Russia reject price cap on oil



Russian authorities say they are rejecting a price cap on the country’s oil set by Ukraine’s Western supporters. Melissa Nakhavoly has the latest from Ukraine.

25 Comments

  1. now lets see now..how many yrs should russia be penalized to give their oil up for payments on ukraine bombings etc..to rebuild ukraine…pay the rest of the world for billions we have had to put out to help ukraine..i bet the west will chicken out in the end saying oh well..another day..

  2. Canada shouldn't be worrying about a cap on Russian oil, They should be putting a cap on the prices of stuff here in Canada, like rent, groceries, gas prices etc…..

  3. That's freaking genius! I'm officially capping my monthly bills to third of what I'm paying.. Wish me luck… Let's see how it turns out 🤡🤞

  4. I'd you want confirmation that we're past our Glory days in the west here is…. us trying to dictate terms to our supplier hilarious. I thought we said to the Russians that we're supposed to be playing by the market rulebook aren't we how does a cap seem fair?

  5. Russia will just sell their oil to China and India. Its not hard to get around that price cap.
    Europe wants higher gas (and oil) prices on their citizens so our world can fight climate change. Let these environmental fanatics freeze this winter when they cant heat their homes from having to pay triple the price to heat their homes.

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