| Russia is feeling the bite of lower oil prices exemplified by a secret meeting with OPEC leaders last month. This week, ahead of Friday’s Vienna meeting of the Organization of the Petroleum Exporting Countries, Kuwait, Saudi Arabia and the United Arab Emirates reportedly say they won’t meet with Russian officials because of “past broken promises,” The Wall Street Journal reports. In the Energy Journal’s email today, Christopher Harder writes:
“The secret meeting last month underscores the distance between OPEC and Russia, the world’s largest oil producer. During those discussions, which were at a staff level and didn’t include officials who could make policy, the attendees argued about a joint statement and the talks went no further. ..............................................Full Article: Source
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