European Commissioner Kadri Simson confirms EU will continue talks on oil price ceiling
BRUSSELS, 24 November – RIA Novosti. Kadri Simson, Commissioner for Energy of the European Commission, confirmed that the European Union will continue negotiations on the ceiling price for Russian oil.
Permanent representatives of EU countries discussed the level of this ceiling the previous day. The decision could have been announced on Wednesday, but negotiations stalled in the process, Bloomberg reported.
Answering journalists’ questions about the debate when he arrived at the EU Council of Energy Ministers, Simson said, “Indeed, late last night they decided to continue the discussion.”
Commenting on the West’s idea of limiting the prices of Russian energy resources, Russian President Vladimir Putin has repeatedly stated that he will not supply anything abroad if it is against Russia’s interests. Deputy Prime Minister Alexander Novak also pointed out that the Russian Federation will not supply oil to countries that set a ceiling price of $60 per barrel or any other cost: Russia will only work with consumers who are ready to work on oil. market conditions.
Source: Ria

I am Emma Sickels, a highly experienced journalist specializing in news and economy. As an author at News Unrolled, I cover the latest trends in the economic sector and provide readers with valuable insights into its complexities. My work has been featured in various media outlets such as The New York Times, USA Today, Bloomberg Businessweek and many more.