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Latest Moscow Stock Exchange news
Rosneft (MCX:ROSN) has decided to terminate all operations in Venezuela to avoid the U.S. sanctions against this South American country. The oil giant has transferred all assets to another Russian company, fully owned by the government. Fundamental analysis: Rosneft moves to protect its position In what appears to be a move to avoid the U...
Crude oil prices hit the lowest levels since August 2016 this week, after talks on deeper production cuts between OPEC and its allies finished without an agreement. On Friday, the price action closed nearly 10% lower to record one of the worst-performing days recently. OPEC+ talks collapse Investors were closely monitoring developments fr...