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Price of Urals blend, $60 price cap and price ceiling under new sanctions mechanism

Price of Urals blend, $60 price cap and price ceiling under new sanctions mechanism

8 Aug 2025 Russian economy

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New oil price cap adds to Russia’s economic distress

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Bank of Finland Bulletin’ is the Bank of Finland’s website for publication of topical articles on economic issues in English by Bank of Finland staff. The website is maintained by the Bank of Finland, which also has overall responsibility for the site. The site publishes a set of Bank of Finland Bulletin articles four times a year, and it also releases other types of articles and blogposts by Bank of Finland staff.

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