Tuesday, August 26, 2025
Why Russian oil and gas price cap is easier said than done- oil and gas 360

Why Russian oil and gas price cap is easier said than done

US News LONDON – G7 leaders have agreed to study possible price caps on Russian oil and gas to try to limit Moscow’s ability to fund its invasion of Ukraine, G7 officials said on Tuesday.   The officials, who include U.S. Treasury Secretary Janet Yellen, say the measure will limit the price that Russia receives for energy while allowing Western

OPEC+ set to conclude two-year old supply pact before tough decision on new deal- oil and gas 360

OPEC+ set to conclude two-year old supply pact before tough decision on new deal

World Oil (Bloomberg) — The OPEC+ alliance is set for an easy meeting this week as it cruises to the conclusion of a two-year pact on oil supplies. The respite won’t last long.   When it gathers on Wednesday and Thursday, the 23-nation group led by Saudi Arabia is expected to rubber-stamp another production increase scheduled for August, completing the