i. have. for the first time russia and opec have arrived at an agreement to stabilize the market and exports do it all this is a first to get a license so. that we expect that these good relations between saudi arabia russia the opec and other countries will continue to head such as kazakhstan azerbaijan and oman was yet will be in and of of course what do what it also does that stand at the rigby journal much. more oil and politics of the ways gone hand in hand russia had ambitions that went well beyond the new opec plus agreement. doesn t mean we shouldn t exaggerate the
another on other important questions to know there are other more forthright it s a much more oil and gas strategies play a major role in global politics there s no doubt about that but for it that is the the base not putin is head of the presidential commission of the energy sector of russia and we should put the people in that if school works for us. the oil crisis has reconfigured the g.o.p. it. the landscape resulting in surprising new alliances in one nine hundred forty five brought king even the son out of president franklin roosevelt together this time king solomon of saudi arabia traveled to russia to meet with president clinton . i. think she is the shoe store she look at or even russia there are political forces that support the opec plus agreement with the government and the president leading the way but as you. rice there are other forces that are categorically
opposed to opec plus for us at the not especially our oil and gas companies which have an enormous production capacity when you are growing for them so that our state is currently controlled by the president and the government so the companies can t do anything now or in the near future by the company. in a small. opec went into the next round but it seemed the game was drawing to a close. earlier analyst alexander and lo yet had returned from texas and predicted an up evil in the oil market is full cost proved correct and the geo political landscape of oil was turned on its head. slumps where the order of seven needed care i mean american shale revolution has transformed the market by the end of twenty nineteen of the of the us will be producing nearly twelve million barrels
russia and opec have arrived at an agreement to stabilize the market and exports do it all this is a first into was and still believe that we expect that these good relations between saudi arabia russia the opec and other countries will continue such as kazakhstan azerbaijan and oman was yet will be in and of accord what do what it also does that stand out to be jan all much. oil and politics have always gone hand in hand russia had ambitions that went well beyond the new opec plus agreement. doesn t it we shouldn t exaggerate the importance of more than a chant political sphere party politicians and diplomats must cooperate with one