Forbes | Can Saudi Arabia And Russia Set The Best Long-Term Oil Price? Forbes But also, as I have argued repeatedly, oil is a strategic political commodity but a commodity nonetheless and cannot be expected to be 'stable' without major market intervention, such as by the Texas Railroad Commission (and Texas Rangers) in the pre ... Saudi Arabia and Russia consider 10 to 20 year oil alliance OPEC seeks 'very long-term' cooperation with other oil exporters Opec and Russia considering 10-20 year oil alliance |