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EU no longer dictates price for Russian oil Rosneft CEO

Reference prices for Urals will be set by markets where ?oil volumes actually go,? according to Igor Sechin

The EU will no longer set prices for Russia’s flagship Urals oil blend, now that Asia is the largest consumer of western-sanctioned Russian crude, the head of the country’s oil major Rosneft, Igor Sechin, said on Monday.

An EU embargo on seaborne exports of crude accompanied by price