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https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/112322-g7-price-cap-to-drive-more-russian-oil-business-to-smaller-new-players-vitol
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G7 price cap to drive more Russian oil business to smaller, new players: Vitol - S&P Global
11/23/22 at 8:06am
Organization
S&P Global
Author
Sambit Mohanty
Details
50 words
Summarize
Business & Industrial
Investing
G7
Russia
Vitol
oil business
corporates
trading firms
The G7 price cap on Russian oil will drive business away from larger corporates to smaller trading firms residing outside those countries, as well as prompt companies like Vitol to withdraw from those
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