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Europe Daily Bulletin No. 13114

4 February 2023
Russian invasion of Ukraine / Energy
EU Council agreement on capping prices of Russian refined oil products

03/02/2023 (Agence Europe)The ambassadors of the Member States to the European Union (Coreper) managed to agree on capping the prices of refined petroleum products (diesel, petrol, etc.) from Russia on Friday 3 February, two days before the EU embargo on these products comes into force. Two new caps will be introduced by the EU, the G7 countries and Australia: - the first will be set at $100/barrel for Russian refined products traded at a premium to crude oil prices; - the second at...

Contents

EXTERNAL ACTION
Russian invasion of Ukraine
SECURITY - DEFENCE
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
INSTITUTIONAL
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
SOCIAL AFFAIRS
NEWS BRIEFS