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EU agrees to $60 price cap for Russia oil exports, WSJ reports

After resolving a last-minute push by Poland to lower the cap, the European Union reached a deal on a $60 a barrel cap on the price of Russian oil, reported The Wall Street Journal’s Laurence Norman and Andrew Duehren, citing diplomats. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE). Reference Link

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