Can Russia, Saudi Arabia Strike New OPEC+ Deal with US Help?
As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated The Russian-Saudi feud over oil production has destabilized the market even as the industry faces anemic demand ... ... economic reasons for Russia’s participation or nonparticipation in the deal with OPEC. The very idea of abandoning the OPEC+ deal was not discussed by Russian leadership...
03.04.2020