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View Full Version : Rosneft Net Income Falls 20% After Oil Prices Tumble - Bloomberg



NewsWhore
05-29-2009, 01:31 AM
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Rosneft Net Income Falls 20% After Oil Prices Tumble (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaQkw5ToiA0M8%26refer%3Deurope&cid=1250548435&ei=p2cfSqimENiPmAe6z7ySAw&usg=AFQjCNFmS_2rQto10fD5il8xXiwSErOaeQ)
Bloomberg
The Russian currency has strengthened 8.3 percent since the start of April, reaching 31.2 against the dollar today, according to Bloomberg data. Ruble appreciation may undercut some cost declines and non- cash foreign gains, while rising oil prices ...


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