EconomyNorway imposes ceiling on Russian oil

Norway imposes ceiling on Russian oil


Oslo, Norway. archive photo

Norway backs European Union’s decision to set ceiling on Russian oil prices

MURMANSK, 8 December – RIA Novosti. The Norwegian Ministry of Foreign Affairs said on Thursday that Norwegian authorities have imposed a ceiling price of $60 per barrel on crude oil from Russia.

“Norway, under the sanctions, imposed a ceiling price of 60 dollars per barrel on crude oil from Russia. This is in line with the ceiling price adopted in the EU and G7 countries. Revenues from the sale of crude oil to third countries,” – the message says.

According to Foreign Minister Anniken Huitfeldt, Norway supports the direction of the EU and its other allies on sanctions against Russia. There is already a ban on the import, purchase and transfer of Russian oil to Norway, the EU and third countries, which came into force on 5 December.

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.


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