Oil Slumps As Saudis "Won't Change" Policy, Russia Rethinks 2016 Price Forecast
On Tuesday, we took a close look at the forecast for the Russian economy given various assumptions about the price of oil in 2016.
While Russia has thus far managed to weather the crude storm relatively well (indeed, Moscow is now pumping more crude than ever before and expects oil exports to rise for the first time in six years in 2015), the numbers do not lie.