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Tag Archives: Putin

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Russia’s Mixed Feelings on Production Cut

Oil Gas Fuels Naphtha NGLs Geopolitics, Reading RoomBy ESAI EnergyNovember 27, 2017

The deal with OPEC has lifted oil prices, liquidated a global oil glut, and paid dividends in the form of improved relations with Saudi Arabia, boosting Russia’s real and perceived influence in the Middle East.

Oil Falls From 15-Month High Amid Questions on Russian Stance

Featured News, NewsBy ESAI EnergyOctober 11, 2016

Bloomberg: October 10, 2016
“There probably will be a deal,” said Sarah Emerson, managing director of ESAI Energy Inc., a consulting company in Wakefield, Massachusetts. “They will probably succeed in raising the price if they can get production down to 33 million barrels a day.”

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