... 2016, OPEC and several non-member states (OPEC Plus), including Russia, agreed to reduce oil production to stabilise prices. Thus, Moscow
sought
to develop systematic interaction with influential international organisations, whose key members are the energy exporting states of the Middle East and North Africa. Joint monitoring of the oil market, production adjustments and other measures stabilised the situation. However, with the coronavirus crisis, the global oil market began to falter again and energy prices became volatile. ...
... oil has shrunk to below 40 percent. The geographic structure of hydrocarbon exports is gradually changing in favor of the countries of East and South Asia (Japan, China, South Korea, India), followed by Europe. The United States is becoming the main energy competitor for Middle Eastern hydrocarbon producers, replacing Saudi Arabia as the regulator of global energy markets.
The most significant consequence of the changes taking place on world energy markets will be the inevitable decline in "oil rent" that the ...
RIAC Working Paper № 48/2019
RIAC Working Paper № 48/2019
This working paper was prepared by the Russian International Affairs Council as part of the RIAC’s project on «Conflicts in the Middle East: Tools and Strategies for Settlement». This paper is devoted to analyzing the situation in the oil and gas market in Iraq and Syria, as well as the energy policy of Russia in the Arab Mashreq region. The authors also analyze Iraq’s oil prospects in the post-war period under sanctions against Iran. Special attention is paid to the Kurdish factor and the role the Kurds play in the future of energy ...
... issues areas is also important for another reason: to help stabilize the relationship and buffer against conflict in the future. The analyses that follow examine prospects for Russia-U.S. cooperation in several crucial regions and fields: economics, energy, the Arctic, Euro-Atlantic security, the Middle East, strategic stability, cybersecurity, and countering terrorism and extremism. The report offer concrete, actionable recommendations in each area.
Contributors
: Heather A. Conley, William Courtney, R. Kim Cragin, Lynn E. Davis, Ambassador James ...
... issues areas is also important for another reason: to help stabilize the relationship and buffer against conflict in the future.
The analyses that follow examine prospects for Russia-U.S. cooperation in several crucial regions and fields: economics, energy, the Arctic, Euro-Atlantic security, the Middle East, strategic stability, cybersecurity, and countering terrorism and extremism. They offer concrete, actionable recommendations in each area.
Economic Relations
U.S.-Russia economic cooperation has a long history, although it remains moderate ...
