Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
16 June 2025 | Oil

US opposes lower Russian oil price — Bloomberg

Brent
WTI Light Crude Oil
US opposes lower Russian oil price — Bloomberg

According to Bloomberg sources, the US government maintains its stance and refuses to lower the price cap on Russian oil sales. This position dampens the EU's hopes for reaching an agreement to reduce the cost of Russian energy supplies during the upcoming G7 summit in Canada.

The final decision rests with US President Donald Trump. Meanwhile, EU countries and the UK are pushing to lower the oil price ceiling from the current $60 to $45 per barrel, the news agency reports.

Amid growing global geopolitical tensions, WTI crude oil prices surged over 7% in the past 24 hours, settling around $74 per barrel. This marks the most significant single-day increase since March 2022.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 129.9K to 136.6K
11 September
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 588 to 591
11 September
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 449 to 450
11 September
United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has increased from 6.9M to 7M
10 September
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 0.08M to -0.684M
10 September
Top news
United States. CPI (YoY). The value of the indicator remained at the same level of 3.4%
11 September
European Union. Deposit Facility Rate. The value of the indicator has increased from 2.25% to 2.5%
10 September
European Union. ECB Interest Rate Decision. The value of the indicator has increased from 2.4% to 2.65%
10 September
European Union. GDP (QoQ). The value of the indicator has increased from 0.4% to 0.6%
7 September
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.3%
6 August
All news

Forecasts

AUDUSD sell
Period: 11.10.2026 Expectation: 3200 pips
Going short on AUDUSD ahead of US Fed meeting
Indicators and reports FA Other Hot news Chart analysis
11 September 2026 27
Reed_Marcus
S&P 500 sell
Period: 30.09.2026 Expectation: 2000 pips
SPX sell-off targets $7,400
FA Other TA Other
11 September 2026 21
Bruce_Powers
Tesla Inc buy
Period: 25.09.2026 Expectation: 2800 pips
Buying Tesla stock with $390 in view
Indicators and reports FA Other Indicators Hot news
11 September 2026 42
Sinclair_John
AUDCAD buy
Period: 10.10.2026 Expectation: 2500 pips
Buy AUDCAD upon breaking 1.00000
Indicators and reports FA Other Indicators Hot news
10 September 2026 30
Sinclair_John
ETHUSD buy
Period: 24.10.2026 Expectation: 8500 pips
Invest in ETHUSD with $2,565 target
Indicators and reports FA Other Indicators Hot news
10 September 2026 33
Reed_Marcus
NVIDIA Corporation sell
Period: 23.09.2026 Expectation: 2500 pips
NVIDIA sell-off targets $200
Indicators and reports FA Other Indicators Hot news
09 September 2026 62
Reed_Marcus
Go to forecasts