Military Review

Poland proposes $30 price cap for Russian oil, but not everyone in the EU agrees

Poland proposes $30 price cap for Russian oil, but not everyone in the EU agrees

The saga of setting a price ceiling for the import of Russian energy resources, which began in the spring, started by the EU and G7 countries, again got stuck at the culmination level, never reaching a denouement. It seems that only yesterday the European Union should have put an end to this issue, at least having determined the figure of this very ceiling, at least for Russian oil. But again, no agreement was reached.

The stumbling block was precisely the agreement on the price level. Most EU members decided that $65-70 per barrel should suit Russia, such a ceiling would not cause Moscow to stop exporting to countries that supported this mechanism. But categorically against such "generosity" was made by Poland and the Baltic states. They believe that the acceptable price will be two times lower - $ 30 per barrel. After all, 70 dollars of Urals oil produced in the Russian Federation has recently been worth that much on average. What then is the essence of the restriction, the Poles and the Balts were indignant.

Too low a price does not suit, in turn, such countries as Greece, Cyprus and Malta, which receive a significant part of their income from sea transportation of oil. They fear that the $30 threshold is too low and threatens to undermine global oil trade. Traditionally, Hungary opposed the new anti-Russian restrictions, the head of the Foreign Ministry of which announced the day before that Budapest would fight against the marginal price of oil from the Russian Federation.

European Commissioner for Energy Kadri Simson, commenting on the results of the negotiations between EU foreign ministers on the introduction of a ceiling on prices for Russian oil, said that the discussion had reached an impasse.

Experts note that the issue of price restrictions on Russian energy resources for the EU is more of a political than an economic nature. Indeed, from December 5, the embargo on oil imports from the Russian Federation by sea will already come into force in the European Union. And with the mechanism of compliance with restrictions, not everything is clear. After all, India and China, one of the largest buyers of Russian hydrocarbons, do not yet intend to join new restrictions against Russia.

Yes, and Moscow has repeatedly stated that they will stop deliveries to countries that join this mechanism, even if it is painless for the Russian Federation at the moment. This, in turn, may cause a sharp rise in prices on the world market if other oil producers do not quickly increase production on a comparable scale. And then again it will turn out that Western countries, in an attempt to annoy Russia, will habitually punish themselves.

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  1. Nevsky_ZU
    Nevsky_ZU 24 November 2022 12: 57
    Why not pay extra? Why are the Poles not like themselves? Ahh, they are the light version of the wide ones))
    1. Myths
      Myths 24 November 2022 13: 00
      Let them better show the ceiling by their own example. And how are they doing with the "free" market? Green energy in Poland: Will they heat apples (apple trees) or cars on apples?
      1. zloybond
        zloybond 24 November 2022 13: 51
        I think ours will puff out pompous cheeks, express indignation and concern, and then through third parties they will continue to trade. In addition, somewhere in the summer there was a case: President Vladimir Putin signed a decree allowing exporters not to return foreign exchange earnings to Russian accounts. The same decree allows Russian issuers of Eurobonds to refinance these obligations with Russian securities .... everything is there, nothing from there)))
        1. SKVichyakow
          SKVichyakow 24 November 2022 16: 29
          Quote: zloybond
          The same decree allows Russian issuers of Eurobonds to refinance these obligations with Russian securities .... everything is there, nothing from there)

          They have already taken something, let them take the rest. But the very fact of this evokes bad thoughts.
    2. credo
      credo 24 November 2022 13: 13
      While our bosses are threatening to suspend oil supplies if the US and EU set a price ceiling for a Russian resource, "native" oilmen are not wasting time raising the price of gasoline at domestic gas stations, clearly feeling, or maybe knowing, that the threats of our bosses often diverge from theirs. affairs. No.
  2. dmi.pris1
    dmi.pris1 24 November 2022 12: 58
    Isn't it easier to completely abandon "occupier oil"? Well, you have to be consistent to the end
  3. Bingo
    Bingo 24 November 2022 12: 58
    Yes, at least 5 kopecks can be entered - who will sell only - the question. Scholz went out for gas, so as not from Russia? How much was sold to him? 1 tanker - and dry yourself. No longer
  4. Michael
    Michael 24 November 2022 13: 01
    The ceiling is icy, the door is creaking,
    Behind the rough wall, the darkness is prickly.
    As you go beyond the threshold - frost everywhere,
    And from the windows the parks are blue-blue. (C)
  5. Ryaruav
    Ryaruav 24 November 2022 13: 03
    Interesting Estonians and Lats, where do gas and oil products come from
    APASUS 24 November 2022 13: 04
    Poland and the Baltic states were categorically against such "generosity". They believe that the acceptable price will be two times lower - $ 30 per barrel.

    I think so too . Did they start trading at $20 per barrel? It's time to disconnect this riffraff from our oil. Let them ask the USA for $ 20, let's see how the owner allows
  7. Soviet Union
    Soviet Union 24 November 2022 13: 07
    It is possible for 30 .. if only they will drink glasses .. Although the Poles can from their greed.
  8. U-58
    U-58 24 November 2022 13: 07
    Both in Poland and in the Baltics they are well aware that at "their" price there will be no trade at all.
    This is just their political demarche, the desire to once again check in with the overseas curator.
    This is the only way to perceive everything.
  9. tralflot1832
    tralflot1832 24 November 2022 13: 08
    But what about coal in polonium? Let them take care of its price. In the meantime, our oil terminals are crowded, especially in Novorossiysk and in nearby ports.
    1. tihonmarine
      tihonmarine 24 November 2022 13: 34
      Quote: tralflot1832
      Meanwhile, our oil terminals are crowded, especially in Novorossiysk and in nearby ports.

      The shortage of oil on the territory of the European market will immediately raise prices to $200 per barrel, and maybe even higher.
      Before you grind with your tongue, you need to know the Russian proverb - "Meli Emelya, your week!"
      1. tralflot1832
        tralflot1832 24 November 2022 13: 53
        There is one "mother of puppies" who hides behind covid so that prices do not skyrocket and stocks up. Reasonable.
  10. Petr_Koldunov
    Petr_Koldunov 24 November 2022 13: 08
    The most important question is whether our government will be able to keep its word and really not sell if the price ceiling is introduced?
    The unscrupulousness that the sellers of our natural resources have shown in recent years makes it unequivocal to guarantee that they will sell for $20. And there will be 10 too. They just need to fill their pockets - and the interests of the country for them like a mosquito sneezed ...
    And here everything depends only on the government - whether it will impose a ban on oil trading for these hucksters according to the established ceiling or not.
  11. Tusv
    Tusv 24 November 2022 13: 09
    Special price for Poland 30 dollars per liter.
  12. Vasilenko Vladimir
    Vasilenko Vladimir 24 November 2022 13: 11
    what is trifles, demand that Russia pay extra for "happiness" to transfer its resources to you
  13. Fedor Sokolov
    Fedor Sokolov 24 November 2022 13: 19
    Yes, take it for free! Freeloaders of all countries unite! It is surprising with what mania the collective West strives for a sweet comfortable life at the expense of others.
  14. Sadok
    Sadok 24 November 2022 13: 21
    explain to me slow-witted with economic education, plz. What is a "price cap"? do not want to take for 200? - take the Chinese with the Indians. How can I sell something at a loss at the market? this is some nonsense
    1. know
      know 24 November 2022 13: 52
      The Chinese and Indians take Russian oil only with huge discounts. Now - at 33%. In April last year, they took it with a 3,8% discount. In March of this year - with a 20% discount. Now, let me remind you, 33%. Soon 50% discount will be demanded.
      1. KCA
        KCA 24 November 2022 14: 15
        Wake up, it's been 18% discount for a long time, 33 was in July, sort of, but now it's almost December
      2. Sadok
        Sadok 24 November 2022 14: 38
        about the "ceiling" is not clear anyway) let's not sell anything to anyone. there will be AI-03 at 2 rubles per 5 liters
  15. tihonmarine
    tihonmarine 24 November 2022 13: 27
    But categorically against such "generosity" was made by Poland and the Baltic states. They believe that the acceptable price will be two times lower - $ 30 per barrel.

    Again, let's say the old hackneyed saying
    Sheriff Indians don't care
    , and even more so the problems of the limitrophes of Poland and the Baltic states, they always run "ahead of the mare.
  16. Old Doctor
    Old Doctor 24 November 2022 13: 30
    I don't know much about economics Let's move it to the household level. You sell your potatoes, conditionally at 50 rubles per 1 kg. Buyer - I will buy 10 kg, but I will pay only 40 rubles per 1 kg. And the other buyer - I will buy potatoes, and pay 50 rubles and even 52 rubles per 1 kg. Who will you sell to? Is oil really so cheap that no one needs it?
    1. know
      know 24 November 2022 13: 46
      The problem, firstly, is the delivery of oil and gas to buyers, since almost all oil and gas pipelines go to the West and through unfriendly countries. Even Turkey refuses to let tankers through the Bosphorus. Asian countries are ready to buy oil at a huge discount (the same price ceiling), and even then reluctantly because of the fear of falling under sanctions.
      1. KCA
        KCA 24 November 2022 14: 18
        Study the issue more carefully, Turkey refuses to let tankers through without insurance, with insurance please, in Russia three insurers are included in, I don’t know how exactly, the register of those who can insure tankers, and besides Russia there are also those who are not afraid of US sanctions
  17. know
    know 24 November 2022 13: 42
    Unfortunately, Russia is now acting as a "terpily", does not respond to insulting attacks in any way, does not introduce retaliatory measures, and meekly allows to wipe its feet on itself. The oligarchs who own the subsoil will drive raw materials at any price, if only to keep at least some kind of proceeds. Putin, it seems, has no real power for a long time. Or - he stopped being shy and completely switched to the role of an employee of the oligarchs.
  18. vovochkarzhevsky
    vovochkarzhevsky 24 November 2022 14: 23
    The sale of oil and gas to Europe, even at the most favorable rates, in today's conditions is a betrayal of national interests.
    By the way, do ours no longer stutter about selling for rubles?
  19. GIS
    GIS 24 November 2022 15: 13
    YES HOW MUCH CAN YOU ALREADY pull the cat by the tail???
    Well, finally enter these sanctions on oil and gas. let the words of the government do not diverge from the deeds: they said, fuck you, not energy carriers, LET IT BE!!!