Tag Archives: Russia raises interest rates to 17%

Oil in NYMEX market hits 53.60 in trading then rises to 56.05:Brent falls to 59. Russia CB raises interest rates to 17 %

The on going turmoil in the oil markets continues with the price today dropping for a time as low as $53.60 in the U.S. NYMEX market before recovering to $56 in later trading. The price for Brent oil touched $59. … Continue reading

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