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From bromance to break-up: 4 ways the OPEC deal could end early

Russian President Vladimir Putin could heed pressure from his country's biggest oil companies for a swift exit

From bromance to break-up: 4 ways the OPEC deal could end early
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OPEC says winning battle to end oil glut OPEC-MEETING The OPEC logo is pictured at its headquarters in Vienna The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna. Photo: Reuters

Grant Smith | Bloomberg
OPEC and Russia have surprised the industry with the success of their grand alliance as oil surges to a three-year high. As the unlikely bond enters a second year, there are challenges ahead.

Here are four scenarios that could end their deal earlier than planned.

Street Fighting

Tension is flaring in OPEC members Iran and Venezuela, the two countries that RBC Capital Markets LLC says pose the biggest risk of supply disruption. If either nation shuts oil output as a result, fellow producers could just decide the restraints are no longer appropriate, and instead boost supplies to prevent a damaging