Weafer: Russia Won't Deliver on Oil Production Cut

The video discusses the dynamics of oil prices, highlighting the impact of political events like the Trump victory and the OPEC deal. It examines Russia's role in oil production and the challenges it faces in meeting production cut agreements. The potential unraveling of the OPEC deal is analyzed, with a focus on the return of Libyan, Nigerian, and US shale oil. The video concludes with a discussion on the future of oil production and the modest contributions expected from various oil companies.

What factors contributed to the rise in oil prices following the Trump victory?

What challenges does Russia face in delivering on its production cut commitments?

How does the price of oil impact the Russian economy according to the text?

What role do independent oil companies in Russia play in the context of OPEC deals?

What external factors could potentially disrupt the OPEC deal according to the speaker?