Russia Is The Biggest Winner In The OPEC+ Deal ...Middle East

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Russia Is The Biggest Winner In The OPEC+ Deal
source : OILPRICE ( Middle East ) () 11
OPEC has been the most important actor in global oil markets with the ability to influence prices for decades. The shale revolution in the U.S. has brought much uncertainty for traditional producers due to the vast amounts of oil and gas that are flowing from the American energy heartland in a short period. The looming threat is so big, that erstwhile competitor Russia agreed to align its policies with the cartel's. Moscow, however, is eager to squeeze all it can from the agreement, leaving little for Saudi Arabia in particular who risks losing…

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