Move Over Exxon, Russian Drillers Are Oil World‘s Top Performers
At a time when the collapse in crude prices pushes Russias economy into a recession, the nations oil producers are managing to beat their western counterparts.
On measures including cash flow, profit margins and share prices, OAO Rosneft, Lukoil PJSC-- Russias two largest oil producers -- and OAO Gazprom Neft are performing better than Royal Dutch Shell Plc, BP Plc or Exxon Mobil Corp. When oil goes down, ...
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