Russia Not Joining OPEC

Russia dispelled the myth today that it may join OPEC. Nope. Nada. Not gonna happen. Did anybody really think Russia would tie itself down like that? 

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Finally we heard what we've already knew. Why would? Russia doesn't need a membership to get what it wants. 

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"I don't think there is a strong need to cement something or cut something in stone,"  said Aleksey Texler, Russia's first deputy minister of energy. There are no better words for the Russia-OPEC relationship. 

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Again Russia will have to cooperate with OPEC in the future just as it is a part of the 2016 supply cut agreement launched with non-OPEC allies led by Russia.  

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6 minutes ago, Vlad Kovalenko said:

 
"I don't think there is a strong need to cement something or cut something in stone." 

Strong words. Something most of us heard or said at some point in our lives. xD

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