Politics

Proposed cap on Russian oil prices could bring massive oil-market volatility, expert says

S&P Global Commodity Insights senior vice president describes two wildly divergent oil-market scenarios as plausible impacts from plans to cap Russian oil prices

Price cap effects: Carlos Pascual, senior vice president, global energy, at S&P Global Commodity Insights, speaks at the Rio Oil and Gas 2022 conference.
Price cap effects: Carlos Pascual, senior vice president, global energy, at S&P Global Commodity Insights, speaks at the Rio Oil and Gas 2022 conference.Photo: IBP
  • Vinod Sreeharsha
Rio de Janeiro
Rio Oil & Gas 2022RussiaG7European CommissionAmericas
Published 26 September 2022, 21:29Updated 28 September 2022, 12:47