Russia’s largest companies, once worth billions of dollars, are now nearly-worthless penny stocks. It may look like an attractive opportunity, but for the most part investors can’t even chance buying ...
Tag: Lukoil PJSC
Does Lukoil Use Russian Oil? Americans Are Boycotting Gas Stations.
Text size A petrol tanker delivers fuel stores to a Lukoil gas station. Oliver Bunic/Bloomberg First, it was vodka. Now it’s gas stations. Americans are calling for the boycott of some of Russia’s bes...
BP to Exit 20% Stake in Russia’s Rosneft
Russia’s aggressions in Ukraine prompted reactions from companies such as BP and United Parcel Service as well as Norway’s sovereign wealth fund as the world continues to raise pressure on President V...
As Russia-Ukraine Tensions Heat Up, Russian Stocks and Currency Take Big Hits
Russia’s stocks continue to sink as Russian-Western diplomatic talks ended without visible progress. NATALIA KOLESNIKOVA/AFP/Getty Image Text size Russia is a screaming buy, if you forget about the li...