Page 1 - EurOil Week 26 2022
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Issue 646 30•June•2022 Week 26
Explaining the oil price cap
Discussions are taking place in Brussels and Washington on implementing a
price cap on Russian oil.
EU price limitations
After pushing for liberalisation for years, the EU is now introducing gas price
caps to ease the burden of the energy crisis on consumers.
Fuel ban delays
Five European countries have proposed delaying the EU’s ban on diesel and
petrol use in cars.
Adjusting specs
The UK is considering changing gas pipeline specifications to allow more
low-calorific gas to enter the system.