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08.12.2008, 11:05

Russia to increase oil and gas production

Oil production in Russia will grow to 530 million tons a year and gas output will reach 706 billion cubic metres annually by 2030, the Ministry of Energy announced today.

Market Watch December 1: And then depression set in

Published: 01 December, 2008, 21:20


Russian stocks came under renewed downward pressure on Monday as falling crude and metals prices put the skids under local sentiment, while more clouds moved onto the radar globally, and combined to make the day a grizzly one for investors.

 
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