Lukoil

Russia’s second-largest oil producer Lukoil reached a tentative agreement on Thursday to sell the majority of its international assets to U.S. private equity firm Carlyle Group, as Western sanctions continue to push Russian energy companies to sell off their assets abroad. Sanctions Pressure...

Given all the talk of Russian meddling in the 2016 U.S. presidential election and other associated theories about the relationship, if any, between President-elect Donald Trump and Russian President Vladimir Putin, it is not surprising the VanEck Vectors Russia ETF (Market Vector Russia ETF Trust (...

Last week, the question was whether the major Russian exchange traded funds were signaling a potential crash in the Russian stock market. The Market Vectors Russia ETF (NYSE: RSX) was down more than 27 percent and the iShares Russia Capped ETF (NYSE: ERUS) was down more than 24 percent then....

U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...

ConocoPhillips (NYSE: COP) is looking to sell half of its stake in Lukoil. The company is also planning to divest some of its assets and to reduce its exposure to the refining market. The Houston based company is likely to sell $10 billion worth of assets. According to Conoco’s (COP) Chief...