A US official cited by Reuters said the country will speak with consuming countries in LatAm and Africa about its proposal on a price cap for Russian
A US official cited by Reuters said the country will speak with consuming countries in LatAm and Africa about its proposal on a price cap for Russian oil. They will also speak with global private companies now that the US has agreed to work on the plan.
WTI crude oil is at a session high, just short of $112.
WTI daily chart
www.forexlive.com