Gazprom suffer losses 2016-10-14 09:57:59

Russian company Gazprom is going through hard times. Income for the second quarter is located at the lowest position for the past 12 years. During this year, Gazprom’s income is 21,3 billion, what is two times lower than indexes for 2014, and on a third part lower than for the past year. A decrease of Gazprom income is the result of oil price fall. Gas prices in Gazprom contracts depend on oil quotes, this system works since USSR, from 1790.

From this weeks beginning, Gazprom stocks decreased by 3,9% and continue to fall. This is a good trend for traders to make income deals. Trading will be available during European session, from 8:10 to 16:00 GMT.

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