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Russia And Saudi Arabia On The Brink Of Moody's Downgrade As Oil Price Continues To Bite

by fuelfix.com posted 2years ago 14522 views
The credit ratings of more than 10 oil producing nations in the developing world were placed on review for a downgrade by Moody’s Investors Service, which cited the shock of depressed oil prices on these economies. The list includes Russia, Kazakhstan, Nigeria, Angola, Gabon and Trinidad and Tobago, according to statements released by Moody’s on Friday in New York.