That's a step up though from the supposed previously discussed price cap of around $40 and $60 per barrel but still, the news is dampening sentiment in the oil market. WTI crude is down from $81.30 to near $80 currently, down over 1% on the day now.
That's a step up though from the supposed previously discussed price cap of around $40 and $60 per barrel but still, the news is dampening sentiment in the oil market. WTI crude is down from $81.30 to near $80 currently, down over 1% on the day now.