The decision of Rusia not to sell oil to countries pointing to compliance with the price "ceiling"

Alexey Gromov, Principal Director on Energy Studies of the Institute for Energy and Finance, commented on Russia's decision not to sell oil to countries indicating compliance with the "ceiling" of prices to the Internet portal Pravda.Ru.

"We have been preparing for this "ceiling" for six months because of the likely introduction of the European oil embargo. Russia defends the market rules of the game, acts optimally," the expert said.

"I believe that in the coming months of 2023 we will see a noticeable decline in exports of these energy carriers. But it will gradually recover as logistical problems are solved and the search for available tankers to transport Russian oil, even under the conditions of sanctions," the source concluded.