Russia’s economic gap with key OPEC+ allies widens, adding to policy debate

The gap between Russia and Saudi Arabia’s fiscal breakeven oil prices is widening

The rising cost of the Ukraine war could make Russia reluctant to curb future production

OPEC+ Oversight Committee meets on February 1st

A growing economic rift between Russia and its key Persian Gulf oil-producing partners in OPEC+ increases the challenge of aligning production policies among the 23-country bloc.