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G7's proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues, as it is broadly in line with what Asian buyers are already paying.

Proposed G7 Oil Price Cap To Have Little Immediate Impact On Russian Revenue

Dec 31, 2022 05:29 PM

2 mins read

G7's proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues, as it is broadly in line with what Asian buyers are already paying.

Turkish Strikes Hit Oil Installations In Northern Syria - Report

By Reuters

Dec 31, 2022 05:29 PM

Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria.

Russia Says It Won't Accept Oil Price Cap And Is Preparing Response

By Reuters

Dec 31, 2022 05:29 PM

Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said.

Biden Not Planning To Speak To Putin For Now, G7 Agrees Oil Price Cap

By Reuters

Dec 31, 2022 05:29 PM

Biden does not intend to speak to Putin about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said.

Bosch To Beat Forecasts, Double Down On India - Report

By Reuters

Dec 31, 2022 05:29 PM

Bosch is set to earn more than 87 billion euros in revenues in 2022

Redwood Materials Joins Electric Vehicle, Battery Trek To South Carolina

By Reuters

Dec 31, 2022 05:28 PM

Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials