
By Bloomberg News (Bloomberg) –Russian companies got far more money from selling the country’s oil than previously thought in the weeks that followed the imposition of a price cap on the nation’s exports, a group of academics said. The research weakens the idea that the price limits are crushing Moscow’s revenue to fund the war in Ukraine. Russia’s crude fetched an average of about $74 a barrel in the four weeks that followed the cap, according to calculations by experts including from the...
https://gcaptain.com/russia-sold-oil-far-above-price-cap-researchers-say/