Since February, the EU Council has lowered the ceiling on the price of oil from Russia to $44.1 per barrel.
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- Since February, the EU Council has lowered the ceiling on the price of oil from Russia to $44.1 per barrel.
The European Union (EU) has lowered the ceiling on Russian oil prices to $44.1 per barrel since February 1 of this year. This is evidenced by the decision on the website of the EU Council on January 14.
"The Council's decision introduced additional amendments <... > and provided for an automatic procedure for changing marginal prices for Russian oil depending on the average market price," the document says.
Initially, the limit was set at $60 at the end of 2022, then, in early autumn 2025, it was lowered to $47.6. The new level will be valid until January 31.
It is noted that this regulation applies only to sea shipments.
In December 2025, Russian Deputy Foreign Minister Dmitry Lyubinsky said that due to Brussels' energy war against Russia, there are currently no prospects for cooperation with EU countries in this area. According to him, Russian oil continues to be delivered to Slovakia and Hungary in accordance with long-term contracts through the still-operating Druzhba oil pipeline.
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