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Russia set for US$9 billion windfall from OPEC agreement
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Report summary
Throughout 2016, Russia has been pumping oil at record levels. The agreement with OPEC to reverse this by cutting 300,000 b/d will have implications for both the country’s budget and its oil companies. It will also test the appetite to cooperate among OPEC, Russia and other non-OPEC countries, like Kazakhstan and Azerbaijan, as important details are yet to be clarified.
Table of contents
- A long road
- Implications for Russia
- Caspian states to join a wider non-OPEC deal
- Focus on the detail, not the headlines
Tables and charts
This report includes 2 images and tables including:
- Monthly Russian liquids production
- Impact of production cut by company
What's included
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