Russia has just raised rates to 17% to stabilise the Rouble....

Russia has just raised rates to 17% to stabilise the Rouble. Russia, China's major foreign oil & gas supplier in terms of future contracts is on the brink of collapse. If Russia's economy is finished, and that call has been made for over a hundred years, then Saudi Arabia with its play of making POO $50 WTI or below will have dealt SXY, STO, ORG and just about every other Australian O&G producer such a great service because even if Russia is neutralised, the oil price relief rally will go sky high. These oil and gas producers will be primed for selling O&G into China & SE Asia for a euphoric amount into future, contango will be pronounced IMO. If Russia is even neutralised, shorters will be done the minute the recovery takes off IMHO but please DYOR. Recovery in stocks like SXY will be well worth market turmoil,think of the alpha gains on SXY alone.