Christopher Granville

Managing Director, EMEA and Global Political Research
+44 20 7246 7867

James Henderson

Senior Advisor, Energy
+44 20 7246 7800

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Recent Russia research

* Russia: Fiscal rule to boost asset prices in 2018, Christopher Granville, Madina Khrustaleva, 14 Dec 2017
* Russia: Domestic funds flow into capital markets, Christopher Granville, Madina Khrustaleva, 30 Nov 2017
* Russia: Putin’s future: Politics and policy, Christopher Granville, Madina Khrustaleva, 3 Nov 2017
* Russia: Nabiullina takes the controls, 11 Oct 2017
* Russia: US sanctions – a contrarian case, Christopher Granville, 28 Jul 2017

See all our Russia research >>

Russian oil – volume gearing

Overview

Short-term support for the oil price from the expected imminent extension of the OPEC-Russia production restraint agreement will not relieve structural downward pressure on the oil price. For Russia – as for other low-cost producer-countries – this reality highlights the importance of volume growth as the key to sustaining revenue while, at the company level, such growth is crucial for...

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