Kremlin spokesperson Dmitry Peskov noted on Thursday, during a press conference, that Russia will not be selling oil at prices lower than the ones on the market, APA reports citing Tele Trader.
Commenting on the United States President Joe Biden's remarks that as time is needed to wean off the Russian crude, the US would allow others to buy it, but only at lower prices, Peskov underscored that "everything is regulated by the market, despite artificial difficulties created by the West" and that Moscow refuses to sell oil at a loss.
The Kremlin spokesperson stated that when the demand for the crude declines in one place, it will rise in another, adding that Russia will search for the most favorable conditions and redirect its oil flows.
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