| The price of crude oil continues to fall as supply increases and demand is waning. There are pros and cons to the price of oil hitting the lowest level in four years. For example, the consumer is seeing lower gas prices when they fill up their gas tank. However, energy-reliant countries are getting hurt by the fall in energy prices.
Russia is one of the largest oil producers in the world, just behind the United States and Saudi Arabia. The country has had to deal with falling energy prices as well as a slew of sanctions against it from the United States and eurozone. The Market Vectors Russia ETF Trust recently hit a five-year low and the sellers appear to remain in control. If energy prices rebound it could help slow the fall, however, the sanctions remain a major issue.......................................Full Article: Source
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