OPEC meeting marks the ‘toughest test yet’ for Saudi-Russia energy alliance, analysts say

The energy alliance between OPEC kingpin Saudi Arabia and non-OPEC heavyweight Russia faces its "toughest test yet" next week, analysts have told CNBC, ahead of a much-anticipated meeting between the influential oil cartel and its allies.
Europe News

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‘We need to trust the decision-making’ of OPEC: Russian sovereign wealth fund

"I think we need to trust the decision-making of the joint body because they're not interested in artificially high oil prices," says the CEO of Russian Direct Investment Fund, Kirill Dmitriev.
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Two ‘unstable’ OPEC nations may decide whether oil takes another run at $100 a barrel

The oil market is focused on falling Iranian oil exports and Saudi-led supply hikes, but Nigeria and Libya could play an outsize role in setting crude prices as they head into high-stakes elections.
Energy

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