: GMT, the ruble was 1 percent weaker against the dollar at 67.54 and down 0.5 percent to 75.93 versus the euro, according to The Moscow Times. The closely watched U.S. inventories data, which showed crude stockpiles rising by an unexpectedly large amount, quashed attempts by the oil price and ruble to recover. At 3:50 p.m. After the data, international oil benchmark Brent fell 2.5 percent on the day to $48.3 per barrel. "Oil is back on the downtrend, that the main story for the ruble," said Tatiana Orlova, EM strategist at RBS in London. They viewed the moves as formalities that did not fundamentally change geopolitical risks. Russian markets shrugged off a six-month extension of EU sanctions against Russia over the Ukraine crisis, as well as an expansion of U.S. sanctions.
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