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>> ROSNEFT Latest News

JUL 20, 2015 - Business Insider

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The weak ruble is helping Russian oil producers

If oil can maintain a fairly low price of $60 per barrel, Russian energy companies can survive a drawn-out depression in the global industry, according to Wood Mackenzie, the energy and mining consultancy based in Edinburgh. The reason is that the costs of extracting oil and gas are based on a devalued ruble, which makes them low for producers such ...

Tags: The weak ruble is helping Russian oil producers,  Rosneft Latest News

JUL 09, 2015 - Zero Hedge

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Are The EU And Asia Turning A Blind Eye To Russian Sanctions?

Submitted by Robert Berke via OilPrice.com, In a previous article on Oilprice, I questioned whether western sanctions imposed on Russia were being regularly breached by E.U. and Asian companies, noting that sanctions only work if all countries unite behind them. In June, the Financial Times reported that only one year after being imposed, the sanctions are eroding. It seems that ...

Tags: Are The EU And Asia Turning A Blind Eye To Russian Sanctions?,  Rosneft Latest News