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Russia has taken center stage in oil exports. For the first time Russia has topped Saudi Arabia in oil exports. Russia exported about 7.4 million barrels per day in the first quarter compared with Saudi Arabia's 7 million barrels per day.
Russian supplies of energy to the US jumped 33% in the past six months compared with a drop of 29% for Saudi Arabia in the same period.
Russian production also benefits Europe. Russia exports a large quantity of its oil to European countries.
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