Insight
Russia set for US$9 billion windfall from OPEC agreement
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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 the following images and tables:
- Monthly Russian liquids production
- Impact of production cut by company
What's included
This report contains:
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