On January 2, 1703, the Vedomosti newspaper reported that oil had been discovered in Russia. However, throughout the 18th century oil field development remained unprofitable because of the product’s very limited field of application. After territorial acquisitions in the Baku region in the early 19th century the Caucasus became Russia’s primary oil-producing region. In 1853 the kerosene lamp was invented, leading a huge rise in the demand for oil.
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