Despite its promises, the Russian government has been unable to support the value of the ruble.    After losing 6 percent on the dollar on Monday, the currency on Tuesday fell steadily to a value of 63.45 to the dollar and 75.52 to the euro...

(Reuters) - Oil prices sank to fresh 5-1/2-year lows on Tuesday, extending losses after a 5 percent plunge in the previous session as worries over a global supply glut intensified. Brent crude held below $53 a barrel as monthly oil selling price cuts for European buyers...

Turkey had the second-cheapest natural gas in Europe during the first half of 2014, according to European data. The gas price per kilowatt hour in Turkey was €0.033 ($0.039) for households, and €0.024 ($0.029) for industry in the...

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