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How To Cash In Big On Russia’s Unique Oil Problems
Monday, January 25, 2016 20:40
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by Kent Moors, Money Morning
Money Morning Article of the Week
The Russian financial situation is heading south again – and fast.
Crude oil prices of less than $30 a barrel are bad enough, but Russia can’t even fetch that. The country’s “sour” high-sulfur export blend, Urals Export Blend Crude (UEBC), is trading at $26 a barrel – or less. Natural gas is faring even worse.
Source: http://econintersect.com/pages/investing/investing.php?post=201601252047
