Russia showing their leadership roleSuggests they are enjoying $70 Oil. Good long-term for O&G and BTE
"Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May, Russian Deputy Prime Minister Alexander Novaksaidon Friday."
Reference: https://oilprice.com/Latest-Energy-News/World-News/Russia-Claims-Its-Compliance-With-OPEC-Cuts-Was-Almost-100-In-May.html