Finnish analysts estimated the Russian budget losses from the oil price ceiling at $172 million per day. In December, revenue from the sale of Russian oil fell 32%, experts calculated, and sales prices fell by a quarter.
The introduction by the countries of the world of marginal prices for purchased Russian oil leads to budget losses in the amount of $ 172 million, analysts from the Finnish Energy Research Center calculated.
Experts say that the introduction of a maximum price for oil sold by Russia caused a drop in revenue from its sale of 32% in December, sales prices fell by a quarter and crude oil exports fell by 12%.
Limit prices for oil purchased from Russia by the G7 countries, the European Union, Australia and other countries were introduced at the end of 2022. At the moment, the price ceiling is set at $60 per barrel and will be adjusted every two months.
Author:
Kirill Bilyk
Source: RB
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