... countries and with the existing strategic contradictions between Saudi Arabia and Russia, Moscow will find working with the two Middle Eastern countries at once to be an extremely difficult balancing act.
The oil-and-gas cooperation plans recently announced ... ... assume that the recent intensification of Russian-Saudi energy dialogue is nothing more than a forced temporary friendship.
1
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OPEC Monthly Oil Market Report – November 2016
, pp 44, 57.
... oil companies after the collapse of the Soviet Union. While not as numerous as US shale oil producers, Russia’s oil companies have boards that answer to shareholders who might not wish to accede to the wishes of the central government. In fact, OPEC oil producers would be forgiven for expecting that Russian President Vladimir Putin would use this as an excuse after any non-compliance with a coordinated output cut is detected.
REUTERS/Abdalrhman Ismail
Maxim Suchkov:
The Middle East between the U.S. and Russia:
Potential Traps for Moscow
Even if Russia decided to keep its word, and its oil companies listened to government orders, the consequences are likely to be limited because of the barriers to OPEC coordinating its ...
