Video: Russia tops world oil stakes

Russia overtakes Saudi Arabia as the world's biggest oil producer.



    For decades the Organisation of the Petroleum Exporting Countries (Opec) has tried to control prices by cutting or raising supplies, which relied on all of its members sticking to agreed quotas.

    Now Russia, which is not a member of the organisation, has exploited recent production cuts by Opec to gain market share, recently overtaking Saudi Arabia as the world's biggest producer.

    Neave Barker reports from Moscow.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Death from above: Every Saudi coalition air raid on Yemen

    Death from above: Every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Will you push the boundaries or play it safe?

    Will you push the boundaries or play it safe?

    Curate an art exhibition and survive Thailand's censorship crackdown in this interactive game.