: :inin Kyiv (EET)

Russian oil may be facing a bear market


BP and Shell’s results this week will be full of detail, but investors only have one question. How is the Ukraine crisis affecting business?There may be loads of worthy developments contained in the second-quarter results statements of BP and Shell this week, but there’s a chance nobody will be listening. The City only really has one question though this is not necessarily a criticism when you study its record for dealing with two issues in tandem. Anyway, the poser is: how will the Russia crisis affect them?If the query looks simple, the answers may not be. Along with trouble …read more

Source: The Guardian

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