{"id":619255,"date":"2023-11-24T10:34:47","date_gmt":"2023-11-24T05:04:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=619255"},"modified":"2023-11-24T12:18:25","modified_gmt":"2023-11-24T06:48:25","slug":"russia-has-sold-nearly-all-its-oil-well-above-the-wests-price-cap","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/russia-has-sold-nearly-all-its-oil-well-above-the-wests-price-cap\/","title":{"rendered":"Russia has sold nearly all its oil well above the West&#8217;s price cap"},"content":{"rendered":"<p>Moscow: Russia has succeeded in selling almost all of its oil well above a Western-imposed price cap of $60 per barrel, a Russian government official said on Thursday. <\/p>\n<p>The European Union, G7 countries and Australia introduced the price cap on Russian oil last December, aiming to curb Russia&#8217;s ability to finance the conflict in Ukraine. <\/p>\n<p>&#8220;Even unfriendly countries note that the so-called price cap has not worked. More than 99 per cent of oil traded well above the $60 per barrel ceiling,&#8221; Vladimir Furgalsky, a Russian Energy Ministry official, told a round table discussion at the upper house of parliament.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moscow: Russia has succeeded in selling almost all of its oil well above a Western-imposed price cap of $60 per barrel, a Russian government official said on Thursday. The European Union, G7 countries and Australia introduced the price cap on Russian oil last December, aiming to curb Russia&#8217;s ability to finance the conflict in Ukraine. &#8220;Even unfriendly countries note that the so-called price cap has not worked. More than 99 per cent of oil traded well above the $60 per barrel ceiling,&#8221; Vladimir Furgalsky, a Russian Energy Ministry official, told a round table discussion at the upper house of parliament.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-619255","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=619255"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619255\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=619255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=619255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=619255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}