General Discussions

[DJC]

Maybe Ukraine isn't the war Putin is waiting for, personally I can't see that to be the case, because wouldn't be an even bigger mistake to take on the EU and it's Allies, especially if Russia is bust?

fwiw, a left field question, where does the OECD sit in this war, and how does that relate to the OPEC position?

Is it totally wrong to assume that some of Putin's obvious Allies might not be?

OECD suspended Russia and Belarus in February and committed to assist with Ukraine's recovery.

Russia isn't a member of OPEC and has been at loggerheads with some OPEC nations, particularly Saudi Arabia, quite often in the recent past.  However, several OPEC nations are within Russia's sphere of influence and are resisting calls to lift production and reduce dependence on Russian oil.  It is expected that oil production and access to reserves will ease pressure on oil prices this month.