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“Big Business” N°105: Gas, oil, caps that do not cap

2022-12-01T15:07:36.547Z

EXCLUSIVE SUBSCRIBER LETTER - Can we control prices on world markets? Dear subscribers, Two rooms, but the same atmosphere, that of a dead end. Whether it concerns international discussions, within the framework of the coalition that sanctions Russia (United States, Europe, other G7 countries, etc.), on the capping of the price of Russian oil, or specifically European work on the capping gas prices, the observation is the same: it skates. However, in both cases, ti



Dear subscribers,

Two rooms, but the same atmosphere, that of a dead end.

Whether it concerns international discussions, within the framework of the coalition that sanctions Russia (United States, Europe, other G7 countries, etc.), on the capping of the price of Russian oil, or specifically European work on the capping gas prices, the observation is the same: it skates.

However, in both cases, time is running out.

On oil, because it is a question of fixing the rules which will apply after December 5 and the entry into force of the European embargo on Russian crude.

On gas, it is for the European Union to finalize a reflection initiated for months to limit the bill of the energy crisis.

According to think tank Bruegel, the

Oil…

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Source: lefigaro

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