Russian oil machinations

Don't miss Byron King's Whiskey & Gunpowder article today, updating our post from late last month on the fate of the Russian oil company Russneft.  Of special note is how it figures into the power struggle between Vladimir Putin's two most likely successors.

By the way, it came out this week that the Kremlin-connected billionaire looking to buy Russneft has picked up a stake in General Motors.  Go figure.

The Daily Reckoning