New York TimesRussians' Anxiety Swells as Oil Prices CollapseNew York TimesThe last time oil prices dropped so low and stayed there, in the 1980s, the Soviet Union disintegrated. Steadily rising prices since 2000 have lifted Russia out of poverty and e …

CNNMoneyRed flag: Oil company defaults are spikingCNNMoneyExperts say there are a lot of parallels between today's crisis and the last oil crash in 1986. Back then, 27% of exploration and production companies went bust. Defaults are skyrocketing again. …