by Oilprice.com • • Comments Off on What Is Total’s Fate in Russia Now?
Oil major Total and Russia are joined at the hip. Putin called late CEO de Margerie a “true friend.” But sanctions and sinking oil prices are daunting hurdles.
It was a leading indicator of investor exasperation when it started to crash in December 1999. Now, with today’s plunge, it’s down 30% from its February high.