Business

Russia says it is ready to sell oil to 'friendly countries in any price range': Interfax

By Reuters

Published: 11:03 am Apr 13, 2022

Activists from Greenpeace hold a banner near the oil tanker Minerva Virgo, docked at the oil terminal, after leaving a Russian port around the time that nation invaded Ukraine in late February, as U.S. President Joe Biden on March 8 banned the importation of Russian energy, giving buyers until late April to wind down purchases, when several tankers linked to Russian oil are still in and around U.S. waters, according to Refinitiv data, at Bayonne New Jersey, U.S., March 22, 2022. Photo: Reuters

April 12

Russian Energy Minister Nikolai Shulginov told Izvestia newspaper that Moscow is ready to sell oil and oil products to 'friendly countries in any price range', Interfax news agency said on Tuesday.

Shulginov said crude prices in the range of $80 to $150 a barrel were in principle possible but said Moscow was more focused on ensuring the oil industry continues to function, Interfax said.

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