Russia can 'live forever' with USD 40 oil price as hedge funds baffle

Russia is certain it can survive on low oil prices, but the country is less confident about hedge funds. 
Photo: /ritzau/Nabil al-Jurani/Arkiv
Photo: /ritzau/Nabil al-Jurani/Arkiv
BY OLGA TANAS, BLOOMBERG

A race to the bottom in oil prices may not have many winners, but Russia is certain it can survive. It’s less sure about hedge funds.

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