Money Is Flooding Into Russia Despite Crashing Oil Prices

With the virtual OPEC+ meeting where Russia and Saudi Arabia were to discuss output cuts to end the oil price war delayed Monday, oil prices took a huge beating--but Russian stocks are still hanging on.   While state-backed companies saw their share prices shredded on March 9th, including major banks Sberbank and VTB as well as energy giants Rosneft and Gazprom, shedding billions, the market is still being relatively kind to them, all things considered.  On March 6th, Sberbank was trading on the LSE at $12.94 per share.…