News

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 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.
The global oil and gas sector is in a new state of deterioration amid worldwide economic uncertainty from tariff wars, ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Kazakhstan is unable to reduce its oil production due to its lack of authority over Western-run oilfields, undermining OPEC+ ...
Kazakhstan’s state oil firm KazMunayGas is exploring yuan-denominated bonds and Arab debt markets for cheaper financing, ...
OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) ...
The alliance, which includes OPEC members and non-OPEC allies like Russia, has already hiked output by 411,000 bpd for both ...
ASTANA – Kazakhstan, along with seven other OPEC+ countries – Algeria, Iraq, Kuwait, Oman, Russia, Saudi Arabia, and the ...
Oil prices and energy stocks have sold off due to weak demand and OPEC+ production unwinds. Find out why the long-term bull ...
KAZAKHSTAN'S OUTPUT FALLS OPEC's report also found crude production by the wider OPEC+ fell in April by 106,000 bpd to 40.92 million bpd due in part to a reduction in Kazakhstan, which is under ...