| October 2008 |
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Crude oil fell below $70 on New York's stock exchange the NYMEX on Thursday after the U.S. said oil reserves had drastically increased prompting OPEC to call an emergency meeting for October 24. 
A Russian shipyard said on Thursday it would complete the construction of the second of three missile frigates for the Indian Navy by March 2009. 
President Dmitry Medvedev urged the Russian government Thursday to take drastic antitrust measures to curb high aircraft fuel prices. 
Russia's leading stock exchange RTS finished trading on Thursday with its index showing big losses on negative news from global stock markets. 
Russia's environmental regulator will complete its inspection of a TNK-BP subsidiary's adherence to the Kovykta gas deposit license agreement by late October, the natural resources minister said on Thursday. 
Russian President Dmitry Medvedev urged the government Thursday to take whatever measures are necessary to maintain economic growth and keep the economy stable amid the ongoing global financial crisis. 
Russian private power companies have applied to the Russian government for $50 billion in loans, a business daily reported on Thursday. 
The leaders of the EU's 27 member states have supported plans for an international summit on the global financial crisis, current EU president Nicolas Sarkozy told journalists in Brussels. 