Commodities Live: Oil Falls More Than 2% As EU Considers Imposing Price Cap Of $65-$70 On Russian Oil

Crude fell more than 2% on MCX today. WTI crude slipped to $79 and Brent crude fell below $86. According to reports, a price cap of $65-70 per barrel is possible on Russian oil. A price cap may be imposed on Russian oil at the G-7 meeting. Russia is currently selling crude at a discount of $

Updated on: November 23, 2022, 09.36 PM IST
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