The Russians are locked into oil revenue as there major source of income. They are subject to the ups and downs of the oil market. They are a gas station masquerading as a country. They are also a country rife with corruption.
This is the longest streak of declining monthly output for years and is a negative signal for the state budget, half of whose revenues come from sales of oil and gas.
none of this is especially important. Regardless of whether they are number 1,2, or 3, they are still in a position to threaten dollar hegemony and I have to conclude that Obama’s anti-Putin rhetoric reflects this realization especially in light of the extremes we have gone to in the past to prevent lesser OPEC nations from trading their petroleum products for currencies other than dollars.