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Expert Kolobanov: It is unprofitable for the US authorities to lower the ceiling on oil prices

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I am Annabelle Sampson and I work for The News Dept as an author for their news department. My main focus is on economy news, but I also cover other topics such as business, finance, and current affairs. My writing has been featured in prominent publications such as The Wall Street Journal, Forbes Magazine, and the Financial Times. I have a passion for learning more about economic trends and understanding how they affect businesses of all sizes. To stay up to date with the latest developments in the field of economics, I make sure to keep track of reliable sources like Bloomberg News or Reuters. In addition to my writing work, I often provide consultation services related to economic matters for clients both large and small.

Deputy director of the Strategic Research Center “Fuel and Energy Complex Economy” Sergei Kolobanov He said lowering the price ceiling for Russian oil was unprofitable for United States officials.

The expert suggested that the mechanism of limiting the oil price also directly affected the fuel prices for the American producers. The search for additional means of supplying Russian oil has increased the cost of shipping around the world, which has negatively affected the income of producers.

U.S. officials and companies want to further reduce global fuel prices. At the same time, non-oil-producing states themselves, such as the Baltic states, often resort to populism, the demand for marginal price reduction, writes RIA Novosti.

Former Director of the Anselm Research Center Maxim Kanishchev He said calls for the EU to lower the price of Russian oil were nothing more than PR. According to him, the dispute over the maximum price of oil from Russia indicates the split in the European Union.

Source: Riafan

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