EconomyNovak: Russia to slightly cut oil output this year, exports remain stable
Russian Deputy Prime Minister Alexander Novak said oil production will decline modestly by the end of 2026 because some refineries are underutilized during unscheduled maintenance. He described the trend as temporary, with output expected to rise when refineries resume operations, while exports remain stable.
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TASS★★★☆☆2026-09-03 10:34Original
Novak: Russia to slightly cut oil output this year, exports remain stable