Key members of Opec are wary that strains in the Opec+ alliance could reemerge with Joe Biden as US President, sources close to the organisation said, and would miss President Donald Trump who went from criticising the group to helping bring about a record oil output cut.
Biden could modify US diplomatic relations with three members of Opec — de facto leader Saudi Arabia, and sanctioned countries Iran and Venezuela, as well as with key non-Opec producer Russia. Russia is the leader of oil producers allied with Opec, a group known as Opec+.
