Putin says Russia to cut oil production by 1% in 2025

Investing.comThursday, October 16, 2025 at 11:24:32 AM
Putin says Russia to cut oil production by 1% in 2025
In a recent announcement, President Putin stated that Russia plans to reduce its oil production by 1% in 2025. This decision is significant as it reflects Russia's ongoing efforts to adapt to global market conditions and manage its energy resources more effectively. The move could have implications for global oil prices and the energy sector, making it a topic of interest for investors and policymakers alike.
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