The OPEC/non-OPEC deal unveiled December 10 was the result of a negotiating strategy that involved President Vladimir Putin and energy minister Alexander Novak. As instrumental as Russia’s role may have been, even if the deal holds and OPEC and non-OPEC producers see the results they are looking for, it is unlikely to herald any formal change in Russia’s relationship with OPEC says Sijbren de Jong to Platts.
The full article interview can be read here (behind a paywall).