AFP, With Russia now exporting more oil than Saudi Arabia, the scene is set for a cold war between Moscow and the Organization of Petroleum Exporting Countries (opec), industry experts say.
The Russians are refusing to go along with opec demands for a concerted drop in production, posing looming problems for the cartel as opec oil ministers prepare to meet here on Thursday.
Russia does not belong to the organization but has become a prime mover on world petroleum markets, and there is not much opec can do about it.