Russia raises output to gain leverage in OPEC talks


(MENAFN) While Russia is getting ready for talks on cooperation with OPEC, it is using the playbooks of Iran, Iraq and Venezuela to gain control.

Moreover, Russian officials emphasized the nation's ability to keep increasing record output to even loftier heights.

James Henderson, senior research fellow at the Oxford Institute for Energy Studies said: 'What most OPEC countries do ahead of any OPEC meetings is to talk up their own production prospects so that when they make any concessions.'


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