The Economist | OPEC mulls a long-term alliance with Russia to keep oil prices stable The Economist OIL bears beware. On February 20thSuhail al-Mazrouei, OPEC's rotating president and energy minister of the United Arab Emirates, said the 14-member producers' group is working on a plan for a formal alliance with ten other petrostates, including Russia ... Saudi Arabia Wants $70 Oil |