EP12: Oil Price Cap - Implications for Trade and Shipping Risk
Update: 2023-01-05
Description
The implementation of a price cap covering Russian-origin crude oil on 5th December has raised a variety of questions regarding its implications;
- How it will affect trading
- Will India and China's appetite for Russian crude continue
- What it means to overall vessel risk in regards to compliance
- Could we see an increase in suspicious Russian shipping activity similar to Iran and Venezuela's sanctions evasion tactics
In this episode, S&P Global Market Intelligence experts discussed what the oil price cap means for your business and an understanding of the likely scenarios we will see in the coming months as a result of the U.S. and EU action in this space.
**This episode of the podcast is an excerpt from a webinar. Click here to register and listen to the on-demand webinar.
Speakers:
Byron McKinney - Product Management Director, Maritime, Trade & Supply Chain, S&P Global Market Intelligence
Lilit Gevorgyan - Associate Director – Russia and CIS, Research Advisory Specialty Solutions, S&P Global Market Intelligence
Fotios Katsoulas - Liquid Bulk Principal Analyst, Maritime, Trade & Supply Chain, S&P Global Market Intelligence
Robert Perkins - Journalist and Editor, S&P Global Commodity Insights
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