Russia Maintains Position as Top Global Oil Producer Despite Western Pressure, Putin Asserts

Oct 17, 2025 01:42 am CST

Russian President Vladimir Putin announced that Russia continues to be among the world's leading oil producers despite facing what he calls "unfair competition." Speaking at a Moscow energy conference, Putin highlighted Russia's 10% share of global production with an expected 510 million tonnes by year-end, while addressing Western pressure on trading partners and criticizing European nations for harming their own economies by reducing Russian energy purchases.