Overshooting Russian Oil Exports May Cause Friction In Saudi-Led Supply Cut Mechanism

Overshooting Russian Oil Exports May Cause Friction In Saudi-Led Supply Cut Mechanism

By K Raveendran A failure by Russia to fulfil its commitment of 300,000 barrels per day of voluntary cut in crude exports as per the understanding with OPEC is likely to cause friction between Moscow and Saudi Arabia, the prime driver of the cartel’s supply control strategy to shore up crude prices. Any problem in […]

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