Economy - Voice of America: Falling Oil Prices Prompt Russian Economic Fears

Economy - Voice of America economy-and-business

Falling Oil Prices Prompt Russian Economic Fears Jun 11th 2012, 20:23 LONDON - Oil prices have shown a steady fall in the last few months, prompting fears that the Russian economy, which relies heavily on energy exports, could suffer.  Meanwhile, new sources of oil are coming on line and helping to drive down the price at the pump. Khanty-Mansiysk in Siberia - home to around 70 percent of Russia's developed oil fields and the source of much of the country's wealth. Russia produces more than 10 million barrels of oil per day - making it a major ... Media files: F6E1629D-A233-4ABB-A3A1-15DEF0C19C09_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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