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 | 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 39.8K to 65.6K
Yesterday at 8:30 PM
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 544 to 549
Yesterday at 6:05 PM
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 407 to 413
Yesterday at 6:05 PM
United States. OPEC Crude oil Production UAE (Barrel). The value of the indicator has increased from 3.36M to 3.37M
4 December
United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has increased from 9.9M to 9.95M
4 December
Top news
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
Yesterday at 3:01 PM
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
Yesterday at 3:01 PM
European Union. GDP (QoQ). The value of the indicator has increased from 0.2% to 0.3%
Yesterday at 10:00 AM
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
4 December
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
2 December
All news

Forecasts

Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
FA Other Indicators Chart analysis
Yesterday at 10:55 AM 25
John_Bullard
GBPUSD sell
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Yesterday at 09:48 AM 22
Lyra_Moonwell1
USDJPY sell
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
TA Other FA Other
Yesterday at 08:49 AM 13
McCarthy_Raymond
Brent buy
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
FA Other Chart analysis
Yesterday at 08:49 AM 17
McCarthy_Raymond
AUDCAD buy
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 08:11 AM 13
Emily_Foster
Natural gas buy
Period: 11.12.2025 Expectation: 450 pips
Buying natural gas on way down before next rally
TA Other Technical analysis FA Other Indicators Fundamental analysis
04 December 2025 56
Lyra_Moonwell1
Go to forecasts