Russian economy stumbles under oil price pressure – euronews


Bloomberg
Russian economy stumbles under oil price pressure
euronews
Russia accounts for 11 percent of the world’s oil, but oil and gas combined make up a hefty 50 percent of Russia’s budget, so price fluctuations have a massive effect on economic planning. This year’s price drop has already cost Russia $100 billion in …
Russian economy minister says 2015 oil price forecast will be cutReuters
Russian Recession Risk at Record as Oil Price Saps EconomyBloomberg
Ruble Crashes Past Historic 50 to US Dollar as OPEC Lets Oil Price FallThe Moscow Times
Reuters UK –RadioFreeEurope/RadioLiberty
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