10.12.2014 16:20:00
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Moody's: Russian oil exporters ride out falling oil prices on tax reforms and rouble depreciation
London, 10 December 2014 -- Export duty reductions and rouble depreciation will help export-oriented Russian oil companies weather lower oil prices, says Moody's Investors Service in a Special Comment report published today. However, the profitability of domestic refineries and petrochemical producers will suffer.