Washington-SANA
The head of the American oil company "Chevron" Michael Wirth confirmed that the West's placement of a ceiling on the prices of Russian oil and petroleum products and imposing a ban on buying them in Europe created difficulties in the energy market.
Wirth stressed during the Kerawik Energy Conference in Houston, Texas, that the consequences of applying the restrictive measures “are still not visible.” He said, “With regard to the oil itself and its products, I am concerned because we have created additional difficulties.” Buying, selling or securing energy companies.
Werth added, "Russian oil is still entering global markets with a variable price structure, and this is causing turmoil in global energy markets."
Last December, the G7 countries, the European Union, and Australia set the maximum price for a barrel of Russian oil delivered by sea at $60, while since February 5, 2023, similar restrictions began on the supply of Russian petroleum products.
Follow SANA's news on Telegram https://t.me/SyrianArabNewsAgency