relationship because, in 2016, november, you did have a declaration of cooperation where russia joined 0pec. a number of other producers joined 0pec in doing a significant production cut to shore up prices. remember, prices had collapsed in 2015. and so, this russia union with 0pec ijoked it was a shotgun marriage started by shell in the united, but the relationship did get legs. started by shell in the united states, but the relationship did get legs. and the question was, is it built to last? and for now, there are no indications that russia will be leaving 0pec+, it will be vacating its position as co chair of this super producer group. but i think that it s overstated, particularly in the saudi russia relationship, that they are partnering on a whole range of issues. i think it s a very tactical relationship when it comes to oil. the saudis have said, look, we have condemned russian action in ukraine multiple times in the un security council. the saudis just hosted its major
helima, what s 0pec up to right now, in terms of supply? this is such a great question about the 0pec russia relationship because, in 2016, november, you did have a declaration of cooperation where russia joined 0pec. a number of other producers joined 0pec in doing a significant production cut to shore up prices. remember, prices had collapsed in 2015. and so, this russia union with 0pec ijoked it was a shotgun marriage started by shell in the united, but the relationship did get legs. and the question was, is it built to last? and for now, there are no indications that russia will be leaving 0pec+, it will be vacating its position as co chair of this super producer group. but i think that it s overstated, particularly in the saudi russia relationship, that they are partnering on a whole range of issues. i think it s a very tactical relationship when it comes to oil. the saudis have said, look, we have condemned russian action in ukraine multiple times in the un
now, in terms of supply? this is such a great question about the 0pec russia relationship because, in 2016, november, you did have a declaration of cooperation where russia joined 0pec. a number of other producers joined 0pec in doing a significant production cut to shore up prices. remember, prices had collapsed in 2015. and so, this russia union with 0pec ijoked it was a shotgun marriage started by shell in the united, but the relationship did get legs. and the question was, is it built to last? and for now, there are no indications that russia will be leaving 0pec+, it will be vacating its position as co chair of this super producer group. but i think that it s overstated, particularly in the saudi russia relationship, that they are partnering on a whole range of issues. i think it s a very tactical relationship when it comes to oil. the saudis have said, look, we have condemned russian action in ukraine multiple
ijoke it was a shotgun marriage started by shell in the united, but the relationship did get legs. and the question is, is it built to last? and for now, there are no indications that russia will be leaving 0pec+, it will be vacating its position as co chair of this super producer group. but i think that it s overstated, particularly in the saudi russia relationship, that they are partnering on a whole range of issues. i think it s a very tactical relationship when it comes to oil. the saudis have said, look, we have condemned russian action in ukraine multiple times in the un security council. the saudis just hosted this major peace negotiations in saudi arabia, where you had the us national security adviser there, you had a whole host of china sent representatives there. so from the standpoint of the saudis, they re saying, look, we re working with russia on the oil market because we need to, but that doesn t mean