Free Trial
US 10YR FUTURE TECHS

‌‌(Z2)‌‌ Resumes Its Uptrend

EQUITIES

Massive block trade

BANXICO

Minutes Release Provides Little New Information

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Putin-Oil Price Cap Will Have 'Serious Consequences' For Energy Market

OIL

Russian state media reporting President Vladimir Putin stating that the proposed G7 price cap on Russian oil will have 'serious consequences' for the global energy market.

  • Comes on a call between Putin and new Iraqi PM Mohammed al-Sudani. Kremlin states that the two discussed the oil price cap and OPEC+ issues in the call.
  • WSJ reporting that EU diplomats' talks regarding the oil price cap are not likely to reach an agreement today, with ambassadors set to meet again tomorrow to try to reach an agreement to allow the G7 action to go forward.
93 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Russian state media reporting President Vladimir Putin stating that the proposed G7 price cap on Russian oil will have 'serious consequences' for the global energy market.

  • Comes on a call between Putin and new Iraqi PM Mohammed al-Sudani. Kremlin states that the two discussed the oil price cap and OPEC+ issues in the call.
  • WSJ reporting that EU diplomats' talks regarding the oil price cap are not likely to reach an agreement today, with ambassadors set to meet again tomorrow to try to reach an agreement to allow the G7 action to go forward.