Russia's second-largest oil producer Lukoil said Friday that its third-quarter profit dropped 20 percent because of higher taxes and a slump in the ruble.
rubleRussia Cashes In on Mideast Oil JittersNYT > Business Mon, 03/07/2011 - 10:08
The perceptions of stability in Russia and instability within OPEC have lifted the ruble and the Russian Micex stock index. Tags:
Gazprom's 1Q profit down 62 pct to $3.3 blnNewsvine - business Wed, 08/26/2009 - 04:52
Russian gas monopoly Gazprom on Wednesday reported a 62 percent drop in net profit for the first quarter of 2009, when the company was hit hard by disruptions of gas supplies to Europe and the plunging value of the ruble. Tags:
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