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Russia’s 2024 oil output seen declining to 518-521 mln T

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Russia is expected to produce 518-521 million metric tons (10.36-10.42 million barrels per day) of oil this year and roughly the same amount in 2025, Interfax new agency quoted Deputy Prime Minister Alexander Novak as saying on Thursday. He had forecast output of 515-521 million tons in September. Russia, which curbs supply as part of ...

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