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Saudi-Russian oil market leverage adapts to US actions

Location:

RUSSIA/OPEC

US energy policy has pushed Saudi Arabia and Russia closer together, leading to a level of cooperation inconceivable four years ago. Their leadership and coordination on such key…

A new OPEC+ deal would not resolve Russia's problems

Location:

RUSSIA

As the COVID-19 pandemic depressed Chinese and global demand for oil, Russia and Saudi Arabia broke off their three-year price management agreement, sending prices tumbling…

Belarus will pay more for oil as Russia gets tough

Location:

BELARUS/RUSSIA

Lukashenka has made it clear he believes Russia is using oil and gas as weapons to bend him to its will and said two weeks ago that the Belarusian nation would 'eat him alive' if…

Belarus will resist Russian embrace despite weakness

Location:

BELARUS/RUSSIA

High-level negotiations have failed to produce an agreement on the price Belarus pays for oil, and it is increasingly apparent that Moscow is leveraging the issue to force Minsk…

Industrial structure binds Belarus to Russia

Location:

BELARUS

The industrial sector in Belarus.

Saudi Arabia may prioritise non-OPEC ties

Location:

SAUDI ARABIA

Ministers of OPEC and other oil-producing states are preparing to meet in Vienna. They will decide how to respond to calls -- including from the United States and India -- for…

Time runs short for Ukraine-Russia gas resolution

Location:

UKRAINE/RUSSIA

Ukraine's current arrangements with Russia on gas imports and transit to Europe end in December, and a replacement deal is looking unlikely. Ukraine, Russia and the EU each have…

More disputes are likely despite Belarus-Russia deal

Location:

BELARUS/RUSSIA

A meeting between President Alexander Lukashenka and his Russian counterpart Vladimir Putin in early April appeared to resolve multiple disputes and set their countries back on a…

Belarusian need for Russia will limit angry disputes

Location:

BELARUS/RUSSIA

Belarus is defying Russia with varying success. It has scored a win by securing aircraft purchases rather than handing over air bases, but is hamstrung by oil and gas disputes…

Russia will seek to benefit from the Israel-Hamas war

Location:

RUSSIA

In the wake of the war between Hamas and Israel, Russia has positioned itself as an important player in the Middle East, which can leverage its working relationships with all the…