Economic TimesOpec be warned! Russia seeing oil at $40 does not bode well for crude marketEconomic TimesWhile analysts in a Bloomberg survey see the price of benchmark Brent crude -- which trades at a small premium to Russia's Urals export blend -- ris …

Wall Street JournalAs Oil Reserves Dwindle, Russia Weighs Tax Increases to Fill Budget GapsWall Street JournalMOSCOW—Russia is exploring a raft of potentially unpopular new tax measures in the coming years, government officials say, as the oil-dependent co …

MarketWatchS&P 500 closes in positive territory for 2016 as crude oil ralliesMarketWatchThe S&P 500 closed in positive territory for the year and the Dow Jones Industrial Average had its best day in a month on Tuesday as oil futures rallied to sett …

Wall Street JournalRussia Says Economy Could Recover Soon Thanks to Rising Oil PricesWall Street JournalMOSCOW—Senior Russian officials said on Tuesday that they were counting on higher oil prices to lift the country out of recession in the near term, a pr …

CNNMoneyRussia is bracing for $30 oil in 2016CNNMoney"Everything indicates that low oil prices are likely to dominate next year. And it is possible that at some periods [the oil price] will be $30 per barrel," Siluanov was quoted as saying by Rus …

Wall Street JournalFor Russia, Oil Collapse Has Soviet EchoesWall Street JournalRussia's currency and economy, already squeezed by Western sanctions, have been sent into virtual free fall by slumping oil prices. The International Monetary Fund predicte …

Bloomberg$40 Oil May Force Russia Into an Emergency Rate Hike, Economists SayBloombergWhen asked about the central bank's own analysis of the $40-per-barrel oil scenario, which found a roughly 600 billion ruble capital deficit and two-fold increase in …

Falling oil prices hit Venezuela, Iran and Russia hardWashington PostAs oil prices continued to plunge last week, it was instructive to watch the disparate reactions of three governments whose whopping losses are likely to produce some of the biggest inter …