Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
23 December 2022 | Other

Novak: Russia has prepared a response to the price ceiling in the form of a ban on oil supplies

Brent
WTI Light Crude Oil

In response to the West's decision to limit Russian oil supplies, energy exports to countries that would insist on respecting price caps will be banned. This was stated by Deputy Prime Minister of the Russian Federation Alexander Novak.

Novak noted that as a result of this decision, Russia is ready to cut oil production by 5-7% at the beginning of the coming year. He also added that despite the fact that this volume is insignificant, there are still risks.

On December 5, the EU, G7 and Australia set the prices for oil from Russia at $60 per barrel. On December 22, President Vladimir Putin said that he would announce a response to the oil price cap at the beginning of next week.

Company MarketCheese

Recommended

United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 136.6K to 135.9K
18 September
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 591 to 595
18 September
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 450 to 452
18 September
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -0.684M to -0.342M
16 September
United States. Crude Oil Inventories. The value of the indicator has decreased from -0.391M to -0.64M
16 September
Top news
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 1% to 1.25%
18 September
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
17 September
European Union. CPI (MoM). The value of the indicator has decreased from 2.9% to 0.4%
17 September
United States. Fed Interest Rate Decision. The value of the indicator has increased from 3.75% to 4%
16 September
United States. Retail Sales (MoM). The value of the indicator has increased from -0.5% to 1.2%
16 September
All news

Forecasts

AUDCAD buy
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
FA Other TA Other
Yesterday at 09:43 AM 11
Bruce_Powers
USDJPY buy
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
FA Other TA Other
Yesterday at 09:43 AM 10
McCarthy_Raymond
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
FA Other TA Other
18 September 2026 39
McCarthy_Raymond
USDJPY sell
Period: 30.11.2026 Expectation: 5700 pips
Selling USDJPY down to 150.00
FA Other TA Other
18 September 2026 31
McCarthy_Raymond
GBPUSD buy
Period: 30.09.2026 Expectation: 1500 pips
Invest in GBPUSD up to 1.36270
FA Other TA Other
17 September 2026 44
McCarthy_Raymond
S&P 500 sell
Period: 15.10.2026 Expectation: 1000 pips
Selling SPX down to $7,490
FA Other TA Other
16 September 2026 62
McCarthy_Raymond
Go to forecasts