Russia Undercuts the OPEC+ Script

Vladimir Putin and Igor Sechin have provided timely reminders of the fault line that runs through the group.

An employee at an oil field near Ufa, Russia.

Photographer: Andrey Rudakov/Bloomberg

Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, Oil Strategist Julian Lee looks at how statements from senior Russian officials are revealing tensions within the OPEC+ producers’ group. To get this newsletter sent straight to your inbox, you can sign up here.

Somebody needs to translate the OPEC+ playbook into Russian.