Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...

The group’s production decisions have confused the oil market. We will soon know how deep the cartel plans to dig in, Ben Cahill writes in a guest commentary.

Kazakhstan, one of the biggest overproducers under the agreement alongside OPEC’s second-largest producer, Iraq, plans to keep its crude oil and condensate production levels in May the same as ...

ASTANA. June 4 (Interfax) - Kazakh Deputy Energy Minister Yerlan Akkenzhenov met with OPEC Secretary-General Haitham Al Ghais in Astana, the Kazakh Energy Ministry's press service said.

New schedule for 8 members to make compensation output cuts Plan represents monthly cuts of 196,000 bpd to 520,000 bpd Iraq is making effort to comply, source says Cuts scheduled to last until ...

The Kazakh energy ministry and OPEC did not immediately reply to a Reuters request for comment. Last month, Kazakhstan's president appointed Erlan Akkenzhenov as new minister of energy after his ...

Kazakhstan, along with Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Algeria, and Oman, will increase oil output in July 2025 ...

BAKU, Azerbaijan, June 13. The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) has ...

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

Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the market braced for a potential OPEC+ output hike. Brent crude futures slipped ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

Oil prices jumped by about 4 per cent on Monday after producer group OPEC+ kept output increases in July at the same level as ...