OPEC+ producers have been curtailing crude oil production and supply for years, aiming to balance and “stabilize the market,” as it repeatedly says. But the key OPEC+ producers in the Gulf saw ...
Investing.com -- Kazakhstan, a member of the OPEC+ alliance, has been identified as the major contributor to the group’s oil production increase in February, according to recent OPEC data.
LONDON (Reuters) - OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members including Saudi Arabia, seek to boost their revenues ...
Nur-Sultan: Kazakhstan reaffirmed its commitment to adjusting its oil production to align with its agreed OPEC+ quota, following an overproduction in February. In a statement, the Kazakh Ministry ...
Iraq has reiterated its full commitment to the OPEC+ agreement, despite the impending resumption of oil exports from Kurdistan. The Iraqi oil ministry confirmed that January's production figures ...
MOSCOW (Reuters) - Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data showed on Wednesday.
OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members including Saudi Arabia, seek to boost their revenues and market share, ...
LONDON/MOSCOW, March 12 (Reuters) - OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a challenge for the producer group in ...
OPEC+ extended its latest layer of cuts through the first quarter of 2025 in December 2024, pushing back the plan to begin raising the crude oil supply output for global markets to April 2025 ...
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.
OPEC+ is considering pushing back a series of monthly supply increases due to begin in April despite calls from US President Donald Trump to lower prices, delegates said. Global oil markets remain ...