Price

Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up 85 cents, or 1.1%.

Also, ethanol has a lower carbon footprint than fossil fuels, helping the nation meet its climate targets. markets were closed on Monday for the Christmas holiday. (Reporting by Yuka Obayashi) On Friday, Brent rose 3.6%, while WTI gained 2.7%. "Fears over supply disruption from winter storms in the U.S. TOKYO: Oil prices rose in light trade on Tuesday on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil.

China to drop quarantine requirements in January, raising hopes of higher fuel demand. By Isabel Kua, Reuters 27 Dec 2022 11:39.

Connection is secure Checking if the site connection is secure Occasionally, you may see this page while the site ensures that the connection is secure.

Oil hit a three-week high on Tuesday as China's latest easing of COVID-19 restrictions spurred hopes of a fuel demand recovery, with further support coming ...

A weaker dollar makes oil cheaper for holders of other currencies and tends to support risk assets. Equities gained while the U.S. West Texas Intermediate crude gained 71 cents, or 0.9%, to $80.27. Brent crude was up 95 cents, or 1.1%, at $84.97 a barrel by 1108 GMT and U.S. Register for free to Reuters and know the full story "But the U.S.

World's biggest importer of crude is ending some of its most stringent Covid curbs on January 8.

“In face of a wide range of uncertainties, Opec+ has no choice but to remain pro-active and pre-emptive, and this is not an easy task, especially that the market has the tendency to overreact to news in both directions,” he said. [Prince Abdulaziz bin Salman](https://www.thenationalnews.com/business/energy/2022/12/21/opec-to-remain-proactive-amid-oil-market-uncertainty-saudi-energy-minister-says/) said [Opec](https://www.thenationalnews.com/business/energy/2022/12/13/opec-slightly-raises-global-economic-growth-forecast-for-2022/) and its allies will remain “proactive” as global oil markets face uncertainty. [worst weekly decline](https://www.thenationalnews.com/business/energy/2022/12/10/oil-prices-slump-in-worst-weekly-loss-in-months-as-recession-fears-weigh-on-demand-outlook/) in months in early December as mounting recession concerns and fears of a global economic slowdown weighed on the [short-term demand outlook](https://www.thenationalnews.com/business/2022/12/14/iea-raises-oil-demand-growth-forecast-for-2022-and-2023/) Fears of a global recession remain a major concern among investors and traders “and this is likely to keep a cap on any corrective moves in the markets”, Mr Aslam said. [biggest weekly gains](https://www.thenationalnews.com/business/energy/2022/12/23/oil-prices-rise-on-potential-russian-output-cut-next-year/) since October at the close of trade on Friday after Russian Deputy prime minister Alexander Novak said Moscow could cut its oil output by 500,000 barrels per day to 700,000 bpd in early 2023 as it responds to a [ price cap ](https://www.thenationalnews.com/business/energy/2022/12/05/explainer-does-the-eu-price-cap-on-russian-crude-matter-and-what-does-it-mean/)on its crude and oil products. Oil prices have also gained because of a blizzard that has battered the US and led to refinery closures in the oil-rich Texas Gulf Coast area and the cancellation of thousands of flights.

Oil prices spiked on Monday evening after China announced a major easing of its Covid travel quarantine rules, with WTI breaking $80.

[refinery closures](/Latest-Energy-News/World-News/Winter-Storm-Shuts-Texas-Oil-Refineries.html) in the United States due to the severe Winter Storm Elliott. Oil prices have reflected some of that optimism in recent days, although trade is very thin due to the holiday period. benchmark oil price rose on Monday evening and early on Tuesday to above $80 per barrel after China announced on Monday a major easing of its Covid travel quarantine rules and after Winter Storm Elliott knocked offline around 1.5 million bpd of refinery capacity in the U.S. Gulf Coast, where most of the U.S. China is seeing a surge in Covid cases after abandoning other parts of its so-called “zero Covid” policy that was in place for more than two and a half years. [WTI Crude](/oil-price-charts/#WTI-Crude) was up by 0.80% at $80.19.

As of 10:10 am (UAE time), Brent crude, the benchmark global price, went up by 0.66% to $80.22 per barrel, the highest since December 5. West Texas Intermediate ...

Last week, several production units at Pemex Deep Park refinery in Texas, halted operations, losing more than 300,00 barrels per day. West Texas Intermediate (WTI), which is produced in the US and is the benchmark of the oil market, rose by 0.76% to $84.68 per barrel. As of 10:10 am (UAE time), Brent crude, the benchmark global price, went up by 0.66% to $80.22 per barrel, the highest since December 5.

SINGAPORE (Reuters) -Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns ...

The platform has taken swift action against the seller, who more than doubled the prices of the in-demand Gizzu power stations.

This is what happened to the current listings for Gizzu power stations. Unfortunately, when Takealot and their supplier are both out of stock of a product, their listing offer is temporarily disabled until supply resumes. Debate about the devices was set off by reviews of the Gizzu 150, 296 and 518 by trader Dwaine van Vuuren on Twitter, who posted on Wednesday, 21 December: “After nearly a month of use, I formally vouch for this product Gizzu 296. Runs desktop PC or iMac 27″ for 6 hrs”, followed by “The Gizzu portable UPS stock situation in SA is ridiculous leading to price gouging, Can an official rep for Gizzu please inform the public if they gonna meet demand or must people look elsewhere for another manufacturer to avoid getting gouged”. Takealot has suspended a third-party seller from its marketplace, after complaints of price gouging on a popular portable power station. Takealot is investigating the reasons for the price fluctuations and said further claims of price inflation could result in the suspension of the seller’s account. “Takealot has strict compliance requirements in place that regulate the behaviour of marketplace sellers that trade on our platform to ensure customers are getting the best products at the best prices. [recent shift to Stage 6 rolling blackouts](https://www.dailymaverick.co.za/article/2022-12-16-breakdown-of-eight-generation-units-plunges-south-africa-into-stage-6-blackouts/), demand has outstripped supply of the power stations and Syntech has had to ramp up production to increase supply levels in the coming months. “The [ecommerce] model allows for one listing to have multiple sellers, so what happens is the nature of the marketplace allows for anybody to compete and deliver the best price to the market.” The ruling price on the website is supposed to offer consumers the best deal. When in stock, the best price typically wins, but the downside is that when there is no stock on the platform, Takealot’s algorithm allows any retailer with supply to be up to 20% more expensive. Register for free or log in to read this article.

Moscow's response to the Western price cap is to stop supplying crude oil and oil products from February 1.

[Russian oil price cap: Five things you need to know](/news/2022/12/5/eu-ban-on-russian-oil-imports-and-g7-price-cap-comes-into-effect) [G7 price cap and ban on Russia’s seaborne oil kick in](/program/counting-the-cost/2022/12/10/g7-price-cap-and-ban-on-russias-seaborne-oil-kick-in) [What impact would an EU price cap on natural gas have?](/program/inside-story/2022/12/14/what-impact-would-an-eu-price-cap-on-natural-gas-have) [issued a decree](/news/liveblog/2022/12/27/russia-ukraine-live-moscow-gives-kyiv-ultimatum) that bans oil sales to countries and companies that comply with a price cap agreed to by Western countries in response to [Moscow’s invasion of Ukraine](https://www.youtube.com/watch?v=ofHsb0EfPcg). Moscow’s response to the Western price cap is to stop supplying crude oil and oil products from February 1.

Putin responds to 'unfriendly' move by G7, EU and Australia in wake of attack on Ukraine.

“Deliveries of Russian oil and oil products to foreign entities and individuals are banned, on the condition that in the contracts for these supplies, the use of a maximum price fixing mechanism is directly or indirectly envisaged,” the decree stated, referring specifically to the US and other foreign states that have imposed the price cap. [agreed to a $60-per-barrel price cap](https://www.theguardian.com/world/2022/dec/02/eu-states-agree-60-a-barrel-cap-on-russian-oil-after-polish-green-light) on Russian seaborne crude oil because of Moscow’s “special military operation” in Ukraine. [Vladimir Putin](https://www.theguardian.com/world/vladimir-putin) has delivered Russia’s long-awaited response to a western price cap, signing a decree that bans the supply of crude oil and oil products to nations that impose the cap.

The Kremlin banned exports of Russian crude oil and refined products to foreign buyers that adhere to a price cap, but Moscow held back from the most ...

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and ...

1, but the date for the oil products ban will be determined by the Russian government and could be after Feb. The decree, which includes a clause that allows for Putin to overrule the ban in special cases, stated: "This...comes into force on Feb. 1 for five months to nations that abide by the cap. Crude oil exports will be banned from Feb. "Deliveries of Russian oil and oil products to foreign entities and individuals are banned, on the condition that in the contracts for these supplies, the use of a maximum price fixing mechanism is directly or indirectly envisaged," the decree stated, referring specifically to the United States and other foreign states that have imposed the price cap. The cap is close to the current price for Russian oil, but well beneath the windfall price Russia was able to sell for this year and that helped offset the impact of financial sanctions on Moscow.

Russia has hit back at the G7's attempts to cap gains from the country's oil revenues, after Vladimir Putin signed a decree banning sales under contracts ...

For cost savings, you can change your plan at any time online in the “Settings & Account” section. Compare Standard and Premium Digital For a full comparison of Standard and Premium Digital,

Action follows G-7 moves barring Western companies from insuring, financing or shipping Russian crude at prices above $60 a barrel.

[Up to $20 off any order from any restaurant with DoorDash coupon code](https://www.wsj.com/coupons/doordash) [Kohl's Coupon 30% Off sitewide](https://www.wsj.com/coupons/kohls) and its allies to bar the shipping, financing or insuring of seaborne Russian crude unless it is sold for

Moscow's response to the Western price cap is to stop supplying crude oil and oil products from February 1.

[Russian oil price cap: Five things you need to know](/news/2022/12/5/eu-ban-on-russian-oil-imports-and-g7-price-cap-comes-into-effect) [G7 price cap and ban on Russia’s seaborne oil kick in](/program/counting-the-cost/2022/12/10/g7-price-cap-and-ban-on-russias-seaborne-oil-kick-in) [What impact would an EU price cap on natural gas have?](/program/inside-story/2022/12/14/what-impact-would-an-eu-price-cap-on-natural-gas-have) [issued a decree](/news/liveblog/2022/12/27/russia-ukraine-live-moscow-gives-kyiv-ultimatum) that bans oil sales to countries and companies that comply with a price cap agreed to by Western countries in response to [Moscow’s invasion of Ukraine](https://www.youtube.com/watch?v=ofHsb0EfPcg). Moscow’s response to the Western price cap is to stop supplying crude oil and oil products from February 1.

Russia announced on Tuesday it would ban oil sales to countries that abide by a price cap imposed this month by the West.

Russia has openly been targeting Ukrainian energy infrastructure with missiles and drones since October, in what Kyiv says are strikes with no conceivable military purpose solely designed to harm civilians. "The point is simple: Fulfil them for your own good. Putin has repeatedly spoken of a desire for peace talks in comments in recent days. The Kremlin ban would halt crude oil sales to countries participating in the price cap from Feb. A separate ban on refined oil products such as gasoline and diesel would take effect on a date to be set by the government. Russian forces shelled and bombed towns and cities in eastern and southern Ukraine again on Tuesday.

The Kremlin banned exports of Russian crude oil and refined products to foreign buyers that adhere to a price cap, but Moscow held back from the most ...

The step was aimed at curtailing revenue the Kremlin is using to fund its attack on Ukraine and at the same time keep the crude flowing to the global market. The price level will be reviewed very two months. The ban on oil products will start at a date to be determined by the Russian government, but not earlier than Feb. “The ban is in force at all stages up until the final buyer.” 5., when the Group of Seven industrialized nations’ limit on Russian seaborne crude exports came into force. The restriction on Russian crude exports will begin on Feb.

Russia on Tuesday banned oil sales to countries and companies that comply with a price cap agreed by Western nations, briefly helping to lift crude prices.

Analysts have noted that Moscow's move will not impede deliveries to India, China and other importers that did not join the price cap. Introduced alongside an EU embargo on seaborne deliveries of Russian crude oil, the cap aims to ensure Russia cannot bypass the embargo by selling its oil to third countries at high prices. But most of the gains in oil prices had evaporated by the end of the trading session. Oil prices initially jumped on the announcement and analysts pointed to expectations for stronger demand due to reopening actions by China after lengthy Covid-19 restrictions. "The supply of Russian oil and oil products to foreign legal entities and individuals is prohibited if the contracts for these supplies directly or indirectly" are using a price cap, a presidential decree said. It added that the ban may be lifted in individual cases on the basis of a "special decision" from Russian President Vladimir Putin.

Fashionable producers and social media inflate the prices of some wines, while other top-quality bargains go under the radar.

For cost savings, you can change your plan at any time online in the “Settings & Account” section. Compare Standard and Premium Digital For a full comparison of Standard and Premium Digital,

It is the long-awaited response to the ceiling of 60 dollars per barrel applied by Western countries on Russian oil. The price cap on seaborne oil from Russia ...

It is not yet clear what impact this latest Russian decree will have on oil prices but some analysts are suggesting it may prove to be largely symbolic. European countries are already suffering from high energy prices due to the loss of a lot of Russian gas imports. Russian President Vladimir Putin has signed a decree banning the export of oil and crude oil products to countries that have imposed price caps.

Russian President Vladimir Putin signed a decree on Tuesday banning oil supplies to countries that have introduced price caps on Russian oil and petroleum ...

It’s designed to be enforced by companies that provide shipping, insurance and other services for Russian oil. The United States and Canada banned the import of Russia’s oil and the European Union this month banned imports by sea. It’s enforced by the companies that provide shipping, insurance and other services for Russian oil. The ban on oil supplies under the price ceiling will go into effect February 1 and is valid until July 1, 2023. The head of state – i.e. “The established ban applies at all stages of supplies to the final buyer.”

Russian President Vladimir Putin signed an Executive Order on Tuesday, December 27, banning the sale of oil and oil products to foreign companies and ...

[Twitter Inc.](https://twitter.com/en/privacy) [Vimeo](https://vimeo.com/features/video-privacy) [Smart](https://smartadserver.com/corporate-privacy-policy/) [Google](https://policies.google.com/privacy) [Soundcloud](https://soundcloud.com/pages/privacy) [Instagram](https://help.instagram.com/519522125107875) [Oracle](https://www.oracle.com/legal/privacy/addthis-privacy-policy.html) Used by audio-platform SoundCloud to implement, measure and improve their embedded content/service on the website - The collection of data also includes visitors’ interaction with embedded content/service. Can also be used to register user interaction and preferences in context with audio-content - This can serve statistics and marketing purposes. pagead/1p-user-list/# Collects data on the visitor’s use of the comment system on the website, and what blogs/articles the visitor has read. Registers data on visitors from multiple visits and on multiple websites.

Russian President Vladimir Putin signed a decree banning the supply of crude oil and oil products to certain nations from February 1.

West Texas Intermediate, the gauge that tracks US crude, was down 0.72 per cent at $78.96 a barrel. On December 5, the EU and the Group of Seven advanced economies agreed to place a price cap of $60 on global purchases of seaborne Russian crude. In Russia, a statement on the Kremlin website said: “This [Russia's] executive order was signed in response to the unfriendly actions taken by the United States, other foreign states and international organisations that sided with them, to establish a price cap on Russian oil and oil products, which is in violation of international law.” [two straight weeks of gains](https://www.thenationalnews.com/business/energy/2022/12/21/opec-to-remain-proactive-amid-oil-market-uncertainty-saudi-energy-minister-says/), in part due to rising optimism over oil demand recovering in China, the world’s second largest economy. [Oil prices](https://www.thenationalnews.com/business/energy/2022/12/27/oil-prices-gain-on-chinas-easing-of-pandemic-restrictions/) declined on Wednesday as investors were concerned about fuel demand despite [Russia’s decision to ban crude exports ](https://www.thenationalnews.com/business/energy/2022/12/28/oil-prices-little-changed-as-russia-unveils-export-ban/)to certain countries and the easing of stringent Covid-19 restrictions in China, the world’s largest crude importer. “This shows that the bulls are not in control of the price and the bearish price action could easily pick up more steam.”

Are Any Glee Cast Members Involved With the Docuseries? "Don't stop believing"! Back in 2009, Glee became a phenomenon for its memorable music performances and ...

She spoke about the reason why the cast wouldn't be interested in being a part of a "tell-all". This is what the actor said during his participation in the [Elvis Duran Show](https://www.youtube.com/watch?v=UE96juMWHRE). Jason Sarlanis, President of Crimes and Investigative Content, Linear and Streaming, issued a statement to further explain the purpose of its creation. Instead of focusing on the fatalities through an investigative lens, the production seems to base itself on a conspiracy that is not backed up by evidence. All of these incidents are discussed at length in the docuseries, with further details on what led to these tragic losses. Once Glee wrapped up in 2015, its relevancy in the public eye remained through multiple accounts of drama on the set and due to the fact that two other actors died a few years later. The Price of Glee will also be available to stream through The [Ryan Murphy](https://collider.com/tag/ryan-murphy) hit series was centered on the New Directions, a glee club formed by a group of outcasts with big dreams. Those interested in subscribing to the streaming service to watch the series can do so by paying a monthly fee of $4.99 for a plan that includes ads or $6.99 for the ad-free option. In the same way that the show brought levity to the screen with its up-tempo covers and positive outlook on social issues, its legacy has been undermined by tumultuous behind-the-scenes drama and the tragic deaths of actors [Cory Monteith](https://collider.com/tag/cory-monteith/), [Naya Rivera](https://collider.com/tag/naya-rivera/), and Mark Salling. [Glee](https://collider.com/tag/glee) became a phenomenon for its memorable music performances and its groundbreaking representation in the YA scene. Investigation Discovery's (ID) latest docuseries, entitled [The Price of Glee](https://collider.com/glee-docuseries-discovery-plus-lea-michele/), will detail a few of the controversies related to the comedy series from the perspective of family members and the crew.

Decree lacks clarity on how authorities will control the ban of Russian oil sales to customers adhering to cap.

It says that the “ban [on sales under the price cap mechanism] is applicable to all phases of the delivery up to the end buyer”. This may happen within the next four months, or so, according to him. Russian President Vladimir Putin has delivered his long-promised response to the introduction of a G7 price cap on Russian crude deliveries to international markets, signing a decree to ban sales of oil to customers who insist on the cap in their own contracts.

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that…

Some analysts have said that the cap will have little immediate impact on the oil revenues that Moscow is currently earning. 1, but the date for the oil products ban will be determined by the Russian government and could be after Feb. Brent crude oil moved a little higher on the news and was up 1.4% at $85.1 by 1743 GMT. "The established ban applies to all stages of supply up to the end buyer." Russia is the world's second largest oil exporter after Saudi Arabia, and a major disruption to its sales would have far reaching consequences for global energy supplies. 1 for five months to nations that abide by the cap.

Oil markets are more "divided, more politically charged" than ever — but are likely to shake off Russia's export ban announcement in the short term.

1 it would stop crude oil and oil products for five months to any nation that adhered to the cap, with a separate ban on refined oil products to come. That will play out amid big geopolitical and macroeconomic uncertainties, and OPEC+ will struggle to balance the market, he said. He expects 2023 and subsequent years to see continued volatility in oil markets. However, she added: "To some extent, the export ban will have been priced in already – Russia readily applying pressure to countries which enforce unhelpful policies isn't a new or unexpected tactic. He also said this would be the case because the U.S. Coming just as China's reopening is set to increase oil demand, crude prices are likely to remain elevated, she told CNBC by email. 5 and requires traders using Western services such as maritime routes, insurance and financing to pay no more than $60 per barrel for seaborne Russian oil. Urals crude is currently trading around $50 per barrel, according to Finnish refining firm Neste. Russian seaborne crude oil exports are down around 24% month on month in December — "so it's starting to happen, but the market will wait till it can see it before it prices it in and reacts to it," he added. - President Vladimir Putin's decree on Tuesday said that from Feb. The shock in the oil price that we've seen today isn't as bad as it could have been and is likely to calm down, at least partly, in the coming weeks." "But now we have what I call a partitioned oil market in which Russian oil can no longer go to its largest market, which is Europe, and the markets have been divided and that oil is now flowing east."

(Kitco News) - Gold and silver prices are lower in early U.S. trading Wednesday, on corrective pullbacks from recent gains that saw gold hit a six-month ...

Next support is seen at today’s low of $23.81 and then at $23.55. First resistance is seen at the December high of $24.525 and then at $25.00. First resistance is seen at the overnight high of $1,822.80 and then at this week’s high of $1,841.90. First support is seen at today’s low of $1,805.20 and then at $1,800.00. The next downside price objective for the bears is closing prices below solid support at $22.00. A choppy, four-month-old uptrend is in place on the daily bar chart. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,775.00. The marketplace is quieter following the Christmas holiday and just ahead of the new year. Meantime, the yield on the benchmark U.S. Bulls’ next upside price objective is to produce a close in February futures above solid resistance at $1,900.00. [Kitco News](/)) - [Gold](/gold-price-today-usa/) and [silver prices](/silver-price-today-usa/) are lower in early U.S. The key outside markets today see the U.S.

Gold and Precious Metals are Strong; Aussie Strong, Yen Weak; HSI Rises by >1%; Treasury Yields Higher.

- The rate of new coronavirus infections appears to now be significantly increasing only in China, Guatemala, Japan, and Taiwan. Both Gold and [Silver](https://www.dailyforex.com/commodities/silver)are attractive to long-term trend traders in the long direction right now, as higher prices here are likely over the coming days. [The EUR/USD currency pair](https://www.dailyforex.com/currencies/eur/usd)is in a notable long-term bullish trend, and trend traders will be looking to be long here as this pair historically trends reliably, so higher prices are likely over the coming days.

Gold price (XAU/USD) remains pressured around $1810 while snapping two-day winning streak during the initial trading hour of Wednesday's European ses.

Help is on its way. GBP/USD has made a sharp U-turn in the second half of the day and dropped below 1.2050, erasing all of its daily gains during the slide. Despite geopolitical reshuffling, Uncle Sam’s currency is used in most invoices, making its dearer value a burden. US Department of Justice is investigating the mystery hack that hit FTX. The greenback accelerated after Wall Street’s opening, as US indexes turned lower and trade in the red. EUR/USD has reversed its direction and declined toward 1.0600 during the American trading hours on Wednesday. The author makes no representations as to the accuracy, completeness, or suitability of this information. The author has not received compensation for writing this article, other than from FXStreet. Though, the downside mood needs validation from the $1,800 mark. The reason for Gold’s latest weakness could be linked to easing optimism surrounding China’s reopening as the US conveys dissatisfaction with the dragon nation’s virus numbers. That said, the US 10-year Treasury yields take a U-turn from the six-week high, marked on Tuesday, while marking 2.3 basis points (bps) of decline to 3.83% by the press time. Gold price (XAU/USD) remains pressured around $1,810 while snapping a two-day winning streak during the initial trading hour of Wednesday’s European session.

Bullion's losses were capped by a drop in both Treasury yields and the dollar, which kept prices above the $1800 an ounce level.

[explained](https://www.reuters.com/article/global-precious/precious-gold-dips-from-6-month-high-as-market-seeks-fresh-drivers-idUSL4N33I211). [Click here](https://www.mining.com/markets/commodity/gold/) for an interactive chart of gold prices] [reaching a six-month peak](https://www.mining.com/gold-price-rises-to-six-month-high-on-china-reopening-optimism/) last session as the market booked short-term profits while seeking fresh drivers.

The oil price cap may hurt Russia's export income, pushing its budget deficit above the expected 2% according to the country's finance minister.

dollar to a more than seven-month low courtesy of plunging crude prices as well as fears that sanctions on Russian oil could hit the country’s export revenue, Reuters reports. Russian equities have also taken a hit, with the dollar-denominated RTS index down 5.4% to 982.8 points, a more than two-month low. Oil and gas account for 60% and 40% of federal budget revenues. Russia’s cash flows are expected to weaken considerably in 2023 as oil and gas sales to Europe plunge. [contract three percent](https://www.outlookindia.com/international/russian-economy-to-contract-3-percent-this-year-central-bank-news-245651) in the current year - a sharp turnaround from its growth in 2021, with Central Bank governor Elvira Nabiullina citing “worsening trade conditions” as a key reason. This marks the first time a Russian official has acknowledged that the $60 per barrel price cap imposed on Russia by Europe and G7 nations will negatively impact its economy.

Zavvi has dropped the price of their classic replica Poké Ball, making it the perfect purchase for Pokémon fans.

The box also has a light feature, allowing you to show off your new collector's item with multi-coloured lights. [Crown Zenith Elite Trainer Box Set,](https://www.digitalspy.com/tech/a42221931/pokemon-crown-zenith-elite-trainer-boxset/) a [Squirtle waffle maker set](https://www.digitalspy.com/tech/a41561084/pokemon-squirtle-waffle-maker-buy/) and the [Holiday Calendar 2022 card game](https://www.digitalspy.com/tech/a40851296/pokemon-holiday-calendar-2022-buy/) all currently available. [Ultra Ball](https://www.digitalspy.com/tech/best-tech-deals/a37455047/pokemon-ultra-ball-replica-how-to-buy/), [Great Ball ](https://www.digitalspy.com/tech/a35621441/pokemon-25th-anniversary-clothing-accessories/)and [Premier Ball](https://www.digitalspy.com/tech/a38380938/pokemon-poke-ball-premier-buy/) all available from the The Pokemon Company. [Zavvi also has the Friend Ball](https://www.digitalspy.com/tech/a41046455/pokemon-friend-ball-buy/), famously used by the tinkerer Kurt in the Pokémon Adventures series. [Pokémon has finally done the unthinkable after 25 years](https://www.digitalspy.com/tv/a41937321/pokemon-ash-world-champion-25-years/) [Zavvi](https://go.redirectingat.com/?id=127X991730&xs=1&url=https%3A%2F%2Fwww.zavvi.com%2Fmerch-memorabilia%2Fwand-company-pokemon-die-cast-poke-ball-replica%2F12707201.html&sref=https%3A%2F%2Fwww.digitalspy.com%2Ftech%2Fa42356415%2Fpoke-ball-replica-has-a-massive-price-cut%2F) has dropped the price of the classic replica Poké Ball, making it the perfect choice for [Pokémon](https://www.digitalspy.com/pokemon/) fans who are looking for something to spend their Christmas money on.

WARMINSTER, Pa. (CBS) -- As many families focus on finances to start the new year, experts are warning of a growing trend of retail price inaccuracies where ...

He also says big box retailers, who stock thousands of items, are especially susceptible to errors. "Many people think and it's incorrect that if the price is wrong that the store has to honor the price on the shelf and that is not correct, it's up to the store to decide if they want to give you that discount or not," Bannon said. "If you're not checking the price that's on the shelf to what's being charged at the cash register there's a good chance it's wrong," Bannon said.

An EU-wide ban on Russian crude oil imported by sea is already in place, alongside similar pledges from the UK, the US, and others. The price cap aims to reduce ...

The price cap aims to reduce Russian oil revenue further. Although Western demand for Russian oil fell after the invasion, Russian revenue remained high due to a price spike and demand elsewhere, including from India and China. The G7 group of major economies first put forward the idea of a price cap in September in order to stop Moscow from using oil revenue to finance the war in Ukraine.

Oil exports from Russia are to be banned beginning Feb. 1 to any country that agreed to cap prices, according to a decree signed Tuesday by President.

[International](https://www.naturalgasintel.com/topics/international/) [Shale Daily](/news/shale-daily/) “Although the ban could potentially have expansive scope (i.e., it ‘applies at all stages of supply to the final buyer’), we interpret it as leaving President Putin and Russian government agencies with significant discretion in curtailing exports,” said ClearView Energy Partners LLC analysts. [NGI All News Access](/news/all-news-access/) Click here to request a free trial keyboard_arrow_right](https://www.naturalgasintel.com/dgpi-trial/?v=DG%20Article%20TopBtn) [Oil](https://www.naturalgasintel.com/topics/oil/) The cap is to be reviewed every two months.