Saudi Move to Cut Oil Prices Is Now Russia's Biggest Economic Threat
October 22, 2014 at 10:37 AM EDT
Saudi Arabia has made headlines by cutting oil prices, not production. That move seems calculated to undercut the effect the United States has on global oil markets, even though that effect is indirect. But make no mistake: Russia is the country that will suffer the most as oil prices drop. The post Saudi Move to Cut Oil Prices Is Now Russia's Biggest Economic Threat appeared first on Money Morning - Only the News You Can Profit From .