Report: EU preliminary agrees on $60 price cap for Russian oil

MOSCOW, Dec 1 (PRIME) -- The E.U. countries have preliminary agreed on setting a price cap for Russian oil at U.S. $60 per barrel and are waiting for Poland, which previously asked for a lower level, to agree till 6.00 p.m. Moscow time, Reuters reported on Thursday citing a European diplomat.

The countries are also studying the possibility of revising the oil price cap in the future provided that the level is at least 5% below the market prices.

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