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To: vertolet
Russian stock market is very small and does not reflect the real situation in economics. Russian economics growth is about 6% and there is no problem while oil price is more than $60/barrel.

Thanks the information. Do you think that Russia's recent flexing of muscle is about keeping the price of oil above $60?

6 posted on 10/07/2008 10:01:51 AM PDT by mlocher (USA is a sovereign nation)
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To: mlocher

Well, speaking of oil producers the price mainly depends on OPEC countries, not Russia.

But what really sets oil price is a condition of world (and US) economics. Predicting the state of economics you can predict oil price. Can you? :)))


7 posted on 10/07/2008 10:34:43 AM PDT by vertolet
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