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Russian economy struggling to move away from oil dependency

OPEC (Organization of Petroleum Exporting Countries) member states will meet in Qatar on Sunday, with the countries due to decide on an oil production freeze that they hope will keep crude oil prices from bottoming out. Russia is one of the countries that most needs to see a rise in oil prices. The sliding prices have led to inflation and the depreciation of the rouble, affecting the livelihoods of millions of families.

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