Russia's Policy on OPEC, Potential and Limitations of Cooperation - Bieliszczuk, Bartosz (Polski Instytut Spraw Międzynarodowych, 2019)
The cooperation between Russia and the Organisation of the Petroleum Exporting Countries (OPEC) is aimed at increasing oil prices. Russia, however, also has other goals: getting new investments and contracts from Saudi Arabia for Russian companies. This tactic appears to be working out for now, but keeping oil prices higher for the long run could be difficult because of growing U.S. oil exports and opposition from Russian companies to curb production, among other reasons