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The giant Russian oil company Rosneft has become the biggest producer of crude in the world according to a report in the newspaper Vedemosti.
In the first nine months of the year the state-owned firm extracted 88.6 million tonnes of black gold, overtaking the American ExxonMobil.
The report said Rosneft’s output was up 2.9 per cent compared to the same period last year.
More about: Oil market, RussiaCopyright © 2012 euronews
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