A ceiling of prices of oil Russian Federation creates risks for the market – the Minister of Energy Saudi Arabia

The policy of the West on restriction of prices of oil from Russian Federation creates certain risks for the market of oil and adds ambiguities while stability is necessary. Such opinion was expressed by the Minister of Energy Saudi to Arabia Abdul-Aziz ibn Salman ibn Abdul-Aziz al Saud in interview to the Energy Intelligence edition. He added that the similar policy will inevitably lead to volatility of the oil market, and also as a whole will negatively affect stability in oil branch. Earlier the Minister of Energy Saudi Arabia declared that the country is not going to sell oil to the states which will decide to enter a ceiling of the prices on...