Moscow's Stance About More Than ’War on Shale’

摘要

Russia's lack of enthusiasm for further cuts in Opec-plus oil production — which led to Saudi Arabia unleashing havoc on oil markets this week through a price war — has been attributed in some quarters to Moscow's own desire to wage war on US shale. But Energy Intelligence reporting and analysis from Moscow suggests that a more complex equation than simple US-Russia competition is at play, including long-standing skepticism about the advantages of production restraint for Russian national interests, competition between different factions within Moscow, and a recalculation of the political benefits of the Russian-Saudi alliance.