11:08 - 14.07.2025

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July 14, Fineko/abc.az. Representatives of European countries expect to agree on the 18th package of sanctions against Russia on Monday, July 14, including a reduction in the marginal price of Russian oil.

ABC.AZ reports that if agreed, the package of measures will be officially adopted the next day, at a meeting of foreign ministers in Brussels. Among the agreed solutions is a mechanism for setting a dynamic marginal cost for Russian oil. According to the plan, the price of oil will be 15% lower than the average market price of crude oil over the past six months (instead of the three initially proposed by the European Commission).

The initial marginal price will be approx. $47 per barrel (currently it is $60), according to one of the sources.