RIAC :: Iran,OPEC,Russia

Search: Iran,OPEC,Russia (2 materials)

Is Oil-And-Gas Friendship Possible Between Russia and Saudi Arabia?

... meeting on 30 November, at which the member nations are hoping to agree on individual production quotas and a freeze date. In the foreseeable future, global crude output is set to grow not because of Russian or Saudi production but rather thanks to Iraq, Iran and possibly also Libya and Nigeria. Russia's cooperation with Saudi Arabia bypassing OPEC appears ineffective. The two countries' combined crude output amounts to just 22% of global production [1] ; cutting back production would not achieve much, while losing them their market share. Moreover, in the foreseeable future, global crude ...

14.11.2016

analytics

Does the World Need More Oil?

... broad statements about the end of the era of high oil prices and the transition to fundamentally new types of energy. This anxiety has chiefly been caused by the numerous unexpected events in July and August, which saw the lifting of sanctions against Iran, disappointment in the pace of growth in the Chinese economy, the situation in the Middle East, and OPEC member countries’ policy. Meanwhile, the oil price is a key factor determining the economic development of many countries, including Russia, where oil production and sale accounts for over 40 percent of revenues to the federal budget, among other major exporters that are heavily reliant on oil. The most likely scenario is this: over the short-term oil prices will continue to fall,...

15.09.2015

analytics

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Poll conducted

In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)