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  1. #29
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    Quote Originally Posted by Firn View Post
    The oil prices is of course of huge importance for the Russian economy which is quite similar in some ways to a Gulf state. Crash in Oil Prices Deals Blow to Sanctions-Hit Russian Economy is for my taste a bit sensational.
    firn---this is an interesting oil price problem article. What is interesting in the article is Russia needs a pricing of 104 up from 89 per barrel which if correct ---the oil futures are showing a down turn at a ceiling of 95 and potentially sinking to 90 and under.

    http://www.themoscowtimes.com/busine...sh/505418.html
    Last edited by davidbfpo; 08-19-2014 at 09:25 PM. Reason: fix quote

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