In its monthly report, OPEC states that Kazakhstan's production increase was 363,000bp, to a total production of 41.01Mbd.

Goldman Sachs has adjusted its oil price forecasts, citing a confluence of factors including escalating global supply and a decelerating U.S. economy. The investment bank now projects Brent crude to ...

Kazakh Deputy Energy Minister Alibek Zhamauov does not rule out that the deadlines for full-scale oil production at the Tengiz field could be postponed in order to allow Kazakhstan to fulfill its ...

Continuous gold futures on the New York Mercantile Exchange rose 0.65% to $3,010.50 a troy ounce in European midday trading, having reached as high as $3,017.10 earlier in the session. The prior ...

CALGARY (Reuters) -Oil prices fell over 1% on Thursday as markets weighed macroeconomic concerns, including the risk that ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data has shown. Kazakhstan has persistently exceeded its ...

For now, the global oil market remains a complex web of economic forces, geopolitical tensions, and shifting supply dynamics.

Kazakhstan reaffirmed its commitment to adjusting its oil production to align with its agreed OPEC+ quota, following an ...

Oil prices eased on Thursday after surging the day before as worries about the impact of intensifying tariff wars on global ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

According to the latest OPEC report, the collective output of OPEC+, which includes OPEC members, Russia and other allies, ...

Vienna: OPEC on Wednesday kept its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption, and reported that Kazahkstan led a jump in ...