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Article on tag "Russia"

What has become of the “oil x 20” rule?
What has become of the “oil x 20” rule?
Foto: iStock.com

What has become of the “oil x 20” rule?

The oil and gas sector is the backbone of the Russian economy. It contributes roughly a quarter to the Russian GDP, and it accounts for almost two thirds of exports. Oil and gas companies represent almost 60% of the market capitalisation of the Moscow stock exchange. It therefore makes sense to analyse the performance of […]