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First report 1h ago•Last update 59m ago

Russia's record oil exports and increased refinery processing amid rising global gas demand

Russia's oil exports have reached a record high, and its refineries have increased processing, while global gas consumption is projected to rise.

Background

Russia is a major global energy producer and exporter. Its energy sector, particularly oil and gas, plays a significant role in its economy and international relations. Global energy demand and geopolitical events often influence Russia's energy policies and export levels.

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