Why Russia Must Pressure Libya to Reduce its Oil Production

... Russia has used its stance on oil production to position itself within the growing dispute between Saudi Arabia and Kuwait over the application of OPEC quotas to Libya. Saudi Arabia has urged Libya to cooperate with other OPEC members on increasing oil prices. To convince Libya to abide by OPEC’s requirements, Saudi Arabia has led by example, by agreeing to stricter limits on its own exports for the month of August.   Although Kuwait agreed to implement the Moscow-Riyadh OPEC quota framework in December 2016, Kuwaiti policymakers have ...