G7 oil price cap mostly a failure after one year, report says (NYSEARCA:USO)

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Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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A year since the launch of the G-7 price cap on Russian oil, the measure has managed to curb some of the country’s export revenues but has “failed to live up to its potential,” according to a new report issued



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