10 Mar 2020 | 17:30 UTC — London

Infographic: Russia's global oil clout in price war with Saudi Arabia

Russia has thrown down the gauntlet to Saudi Arabia in their intensifying price war. The country's finance ministry has said it can withstand prices falling to $25/b, if required, for up to a decade.

New pipelines linking the country with Asia and growth in gas condensate means Russia is also well-placed to compete with Saudi Arabia for market share.