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Russian mobilization hikes urgency of oil price cap -Ukrainian presidential advisor

By Sarah Marsh BERLIN (Reuters) - Russia's first mobilization since World War Two makes more urgent the need for a cap on Russian oil prices to cut off the "blood money"...
Russian mobilization hikes urgency of oil price cap -Ukrainian presidential advisor © Reuters. Oleg Ustenko, economic advisor of Ukrainian President speaks during an interview with Reuters in Berlin, Germany, September 21, 2022. REUTERS/Annegret Hilse

By Sarah Marsh

BERLIN (Reuters) - Russia's first mobilization since World War Two makes more urgent the need for a cap on Russian oil prices to cut off the "blood money" supporting its war in Ukraine, a senior economic adviser to Ukrainian President Volodymyr Zelenskiy told Reuters.

Separately, Oleg Ustenko criticized updated European Union guidance on sanctions on Russian coal shipments that he said could enable companies to transport Russian coal to third countries, which was not in the original spirit of the deal.

The shift was "unacceptable" and he could not understand that kind of "flexibility", he said on Wednesday during a visit to Berlin as part of a tour of Europe to discuss sanctions.

"Russia is putting up a last fight, so we have to be even more united, including on sanction policy," Ustenko said. "We need to cut off the regime's blood money, that they're using to kill our people."

The Group of Seven (G7) wealthy democracies is trying to find ways to limit Russia's lucrative oil export revenue following its invasion of Ukraine in February.

Several different countries have banned imports of Russian crude and fuel, but Moscow has managed to maintain its revenues through increased crude sales to Asia, particularly China and India.

The G7 hopes to curb them with the global cap on prices for Russian crude it wants to launch by Dec. 5, when new European Union sanctions initiate a ban on Russian oil imports.

"We are moving quite fast with the price cap mechanism, the discussions are almost finalized," said Ustenko.

Russia has vowed to halt sales to countries imposing the price cap mechanism. Ustenko said he did not believe it could follow through on this.

"The Russians do not have any other choice rather than to follow up the common rules which are on the market," he said.

Separately, Ustenko said Ukraine had been able to move more grain than he had expected under a U.N.-brokered deal for exports via the Black Sea. The war was inevitably lowering future yields, however, due to mined fields and difficulty tending to the crop.

"It's just another argument why the war has to be stopped," Ustenko said.

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
29-09-2022 20:55:17 (UTC+7)

EUR/USD

0.9741

+0.0007 (+0.07%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

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EUR/USD

0.9741

+0.0007 (+0.07%)

Summary

Neutral

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Buy (7)

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Indicators:

Buy (3)

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GBP/USD

1.0989

+0.0101 (+0.93%)

Summary

↑ Buy

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Buy (12)

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Buy (9)

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USD/JPY

144.52

+0.37 (+0.25%)

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↑ Sell

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AUD/USD

0.6483

-0.0039 (-0.60%)

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↑ Buy

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USD/CAD

1.3705

+0.0100 (+0.73%)

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↑ Buy

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EUR/JPY

140.79

+0.46 (+0.32%)

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Buy

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EUR/CHF

0.9560

+0.0060 (+0.63%)

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↑ Buy

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Gold Futures

1,661.95

-8.05 (-0.48%)

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Sell

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Silver Futures

18.738

-0.142 (-0.75%)

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Neutral

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Copper Futures

3.4030

+0.0445 (+1.32%)

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↑ Buy

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Crude Oil WTI Futures

81.94

-0.21 (-0.26%)

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Brent Oil Futures

87.81

-0.24 (-0.27%)

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Natural Gas Futures

6.745

-0.210 (-3.02%)

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US Coffee C Futures

227.07

-1.63 (-0.71%)

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Euro Stoxx 50

3,270.65

-64.65 (-1.94%)

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↑ Sell

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S&P 500

3,650.03

-69.01 (-1.86%)

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↑ Sell

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DAX

11,945.55

-237.73 (-1.95%)

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↑ Sell

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FTSE 100

6,867.74

-137.65 (-1.96%)

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Sell

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Hang Seng

17,165.87

-85.01 (-0.49%)

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↑ Buy

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US Small Cap 2000

1,667.85

-57.28 (-3.32%)

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↑ Sell

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IBEX 35

7,288.76

-153.44 (-2.06%)

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↑ Sell

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BASF SE NA O.N.

38.595

-0.820 (-2.08%)

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Neutral

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Bayer AG NA

47.51

-0.68 (-1.41%)

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↑ Sell

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Allianz SE VNA O.N.

158.68

-2.04 (-1.27%)

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↑ Sell

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Adidas AG

125.50

-4.74 (-3.64%)

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↑ Sell

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Deutsche Lufthansa AG

5.816

+0.044 (+0.76%)

Summary

↑ Sell

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Siemens AG Class N

97.75

-1.71 (-1.72%)

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Sell

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Deutsche Bank AG

7.505

-0.349 (-4.44%)

Summary

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 EUR/USD0.9741Neutral
 GBP/USD1.0989↑ Buy
 USD/JPY144.52↑ Sell
 AUD/USD0.6483↑ Buy
 USD/CAD1.3705↑ Buy
 EUR/JPY140.79Buy
 EUR/CHF0.9560↑ Buy
 Gold1,661.95Sell
 Silver18.738Neutral
 Copper3.4030↑ Buy
 Crude Oil WTI81.94Neutral
 Brent Oil87.81Neutral
 Natural Gas6.745Sell
 US Coffee C227.07↑ Buy
 Euro Stoxx 503,270.65↑ Sell
 S&P 5003,650.03↑ Sell
 DAX11,945.55↑ Sell
 FTSE 1006,867.74Sell
 Hang Seng17,165.87↑ Buy
 Small Cap 20001,667.85↑ Sell
 IBEX 357,288.76↑ Sell
 BASF38.595Neutral
 Bayer47.51↑ Sell
 Allianz158.68↑ Sell
 Adidas125.50↑ Sell
 Lufthansa5.816↑ Sell
 Siemens AG97.75Sell
 Deutsche Bank AG7.505↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,450/ 6,550
(40/ 40) # 1,787
SJC HCM6,455/ 6,555
(35/ 35) # 1,796
SJC Hanoi6,455/ 6,557
(35/ 35) # 1,798
SJC Danang6,455/ 6,557
(35/ 35) # 1,798
SJC Nhatrang6,455/ 6,557
(35/ 35) # 1,798
SJC Cantho6,455/ 6,557
(35/ 35) # 1,798
Cập nhật 29-09-2022 20:55:19
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Cập nhật lúc 17:59:34 29/09/2022
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