Russia won't export oil to countries setting ceiling prices

Russia won't export oil to countries setting ceiling prices

Russia will not export oil to countries that set the ceiling price, even if production is halted, Russian Deputy Prime Minister Alexander Novak has said of state television, CNN writes. “

“We will sell oil and oil products to countries that will work with us according to trade conditions, even if we have to reduce production”.

Novak also said Moscow is working with mechanisms that would prevent the use of the ceiling price setting instrument, Periscopi broadcasts.

On the other hand, on Friday, G7 and Australia agreed to set the $60 ceiling price for a Russian oil barrel. /Periscopi/

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