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OPEC, Kazakhstan and Oil

Kazakhstan says it has told OPEC it won’t cut oil output, Interfax reports

Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited Kazakhstan's Deputy Energy Minister Alibek Zhamauov as saying on Thursday. "We have already told OPEC that we are not going to cut back and we will produce at our capacity,

The Astana Times · 1d

OPEC+ Confirms Oil Output Adjustment, Kazakhstan Quota Set

ASTANA – Kazakhstan, along with seven other OPEC+ countries – Algeria, Iraq, Kuwait, Oman, Russia, Saudi Arabia, and the United Arab Emirates (UAE) – participated in a virtual meeting on May 31 to review global oil market conditions and reaffirm their commitment to market stability amid steady economic outlook and healthy fundamentals.

Invezz · 1d

Oil prices rise 3% as OPEC keeps July output policy unchanged

Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July as in the previous two months.

OilPrice.com1d

Kazakhstan’s Giant Kashagan Oilfield to Hit 1 Billion Barrels Production Soon

Kazakhstan’s Kashagan oilfield is on track to surpass 1 billion barrels in cumulative output by year-end, defying OPEC+ ...

1don MSN

Oil jumps after OPEC+ sticks to same output hike in July versus June

The Organization of the Petroleum Exporting Countries and their allies decided on Saturday to raise output by 411,000 barrels per day in July, the third month the group known as OPEC+ increased by the ...

The Business Times1d

Oil advances as Opec+ supply boost vies with geopolitical risk

SINGAPORE] Oil gained as a third straight production increase by the Organization of the Petroleum Exporting Countries and ...

BBN Times2d

OPEC+ to Boost Oil Production by 411,000 Barrels Per Day in July, Signaling Shift in Global Energy Markets

OPEC+, the influential alliance of oil-producing nations led by Saudi Arabia and Russia, has confirmed plans to increase oil ...

1don MSN

Oil leaps more than 3% after OPEC+ keeps output increase unchanged

Oil prices jumped by about 3 per cent on Monday after producer group OPEC+ kept output increases in July at the same level as ...

5don MSN

Crude oil climbs on supply concerns as market awaits OPEC's July output decision

Crude oil futures rose Wednesday as concerns about global supply helped offset anticipation that OPEC+ could soon agree to another increase in production. Analysts said the market was supported ...

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