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In Response to Coronavirus, Russia Will Back Only Modest Action by OPEC+
Director, Global Energy and Middle East, Stratfor
Employees of PetroChina Southwest Oil & Gasfield Co., a CNPC subsidiary, work at a natural gas purification plant in Suining in southwest China's Sichuan province on Jan. 15. The impact of the new coronavirus outbreak on the oil market is unavoidable.
(Feature China/Barcroft Media via Getty Images)
Russia will rein in Saudi desires for dramatic action to reduce production to counter the outbreak's effects on demand. But it will back short-term cuts of a limited duration....
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