Moscow—Russia largely maintained its shortterm oil production targets despite growing concerns on Monday that Western sanctions on access to capital and technology will hamper its key oil sector. Russia’s crude oil output is set to stabilize at some 10.5 million b/d in 2014-2017, the country’s energy ministry said in a statement, in its first detailed official assessment since the US and the EU began to ramp up economic pressure on Moscow over its role in Ukraine.
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