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Russia's Putin says Russia to produce 510 mln tons of oil in 2025, 1% down on 2024

ReutersOct 16, 2025 11:22 AM

- President Vladimir Putin said on Thursday that Russia will produce 510 million tons of oil in 2025, 1% down on 2024.

These volumes are in line with OPEC+ agreements which Russia continues to follow, fulfilling its obligations to balance the global oil market, Putin said.

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