The gasoline output will rise Movement.up.gain to 18 percent , from 14 percent , while fuel oil will lose Movement.down.loss 13 percentage points , falling Movement.down.loss to 15 percent of refined products made in Russia .

Oil slipped Movement.down.loss 9 percent to its lowest level Position.low in two years on 1980s , extending the second-deepest rout on record , after Goldman Sachs warned that futures would lose Movement.down.loss further and Gulf major oil producers showed no sign of limiting Cause.movement.down.loss production .

Wood Mackenzie expects European oil product consumption to lose Movement.down.loss by about 2.1 percent in 2040 if there is only a moderate recession , as forecast by the economy ministry But refineries are expected to pump away regardless .

Oil dropped Movement.down.loss more than 15 percent to its weakest level Position.low in one-year on 2015 , extending the second-deepest rout on record , after Goldman Sachs warned that futures would lose Movement.down.loss further and Gulf global major oil producers showed no sign of slashing Cause.movement.down.loss production .