Oil Prices and Russia’s Stock Market: Dynamic Correlations
The decline in Russia's revenues from oil and gas exports as well as international sanctions led to a reduction of the Russian stock market. At the same time, due to the currency crisis that happened at the turn of 2014-2015 that caused the income redistribution among Russia's companies, market capitalization of the Russian oil and gas companies has continued to grow. The authors investigate the influence of the drop in oil prices and the international sanctions against Russia on the dynamics of the Russian stock market.
Библиографическая ссылка
Loktionov V.., Loktionova E.A. Oil Prices and Russia’s Stock Market: Dynamic Correlations // Geopolitics of Energy. Vol.40. No.4. 2018. P.2-8.
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