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Russia’s Oil Exports Rose 7.6% YoY In 2022

OIL

Russia raised its crude oil exports last year by 7.6% on the year to 242mn tons, Deputy Prime Minister Alexander Novak said.

  • Oil production grew by 2% year on year to 535.2mn tons and oil refining fell by 3% to 232mn tons, he said.
  • Production of motor gasoline and diesel fuel rose by 4.4% to 42.6mn amid upgrades at refineries.

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