Russia’s exports of its flagship Urals-grade crude fetched average prices of $85 per barrel in September, roughly $25 higher than the capped price agreed to by members of the price cap coalition.

The European Union is floating a plan to cap the price of Russian diesel at $100 a barrel — a level that might help to stave off the very worst effects of a fuel-imports ban that the bloc will ...

The $60 figure sets the cap near the current price of Russia’s crude, which recently fell below $60 a barrel. Some criticize that as not low enough to cut into one of Russia’s main sources of ...