Author`s name Pravda.Ru

Russian Shares Drop Following Tendencies On International Oil Market

Share prices are falling slowly on the Russian stock market now due to a drop in oil prices on international exchanges. For example, prices for Brent oil fell to $22 per barrel in London yesterday. As a result, the Russian stock market opened with a fall despite positive news from the U.S. stock market. Traders stressed that the situation with oil prices is having a significant impact on Russia. At the same time, they expect no sharp drop in shares. Prices on the Russian stock market are forecasted to continue falling slowly, especially due to a possible drop on the U.S. market.