Ruble Plunges 26% in 90 days, 6% in Two Days, Hits New Low, Government Says to Heck with it by Wolf Richter • Jan 21, 2016 • 59 Comments Where’s the shock and awe?
Oil Crash Shrinks Russian GDP, Energy Minister Blames Saudis by Oilprice.com • Dec 31, 2015 • 8 Comments “The risk of a deeper decline has intensified.”
Financial War over Oil Reshapes World, Will End with Much Higher Prices by Larry Kummer • Dec 8, 2015 • 20 Comments Low oil prices are the wreckage from a war – a financial war.
China Slowdown, “Global Turbulence” Trigger Collapse of Export Orders for German Equipment Makers by Wolf Richter • Nov 2, 2015 • 12 Comments “Ripples are now spreading to other key markets.”
‘Sanction Spiral’: Russian Natural Gas Exports to Europe Soar by Wolf Richter • Sep 25, 2015 • 10 Comments A collapsed price, a lot of money, and some shrewd traders.
US Companies Left Out in Russia as EU, Asia Ignore Sanctions by Oilprice.com • Jul 9, 2015 • 6 Comments Russia Sanction Busting: “If You’re Not Blatant About It, You’re fine”
America’s Shadowy Energy Connection With Azerbaijan by Nick Cunningham • May 18, 2015 • Comments Off on America’s Shadowy Energy Connection With Azerbaijan US lawmakers and staff received secret payments from Azerbaijan’s state-owned oil company.
Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom by Wolf Richter • May 12, 2015 • 16 Comments Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
Russia Expands Sphere Of Influence via Iran Nuclear Deal by Nick Cunningham • Apr 15, 2015 • Comments Off on Russia Expands Sphere Of Influence via Iran Nuclear Deal Kremlin looks to Middle East and China.