Much Ado About OPEC: Russia Is The True Wildcard, And Just Got Even More Powerful

``Oil production in Russia, the world's largest producer, rose to a near post-Soviet high of 10.26 million barrels a day in May. Unlike Saudi Arabia, which has been hard pressed to maintain even a nine million barrel a day production level, Russian production has been north of ten million barrels a day since September 2009.''