Tag: putin

Russia: Living With Cheaper Oil

18 May 2017 From alleged involvement in US and European elections and military campaigns in the Middle East, Russia is rarely far from the headlines. The recent apparent agreement between Saudi Arabia and Russia to extend previously agreed oil production cuts until the end of 2017 not only may improve sentiment in energy markets, but [...]

Russia: Oil Production

  http://www.reuters.com/article/us-russia-energy-production-idUSKBN1691XP Discipline in the non-OPEC producers like Russia is needed to stabilise ioil prices.  Technological adances in the US shale oil sector seem likely to keep the  oil price in the $45 to $65 range.