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OPEC, Kazakhstan

OPEC Sticks to Oil-Demand View Ahead of Output Hike

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility.

Reuters · 1d

OPEC says Kazakhstan leads jump in OPEC+ output, holds demand view

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 enforcing adherence to agreed output targets.

Cyprus Mail · 49m

Kazakhstan exceeds oil quota, fueling OPEC+ output growth

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 output quota of 1.

GlobalData on MSN · 17h

Kazakhstan leads OPEC+ oil output surge, OPEC maintains demand view

According to the latest OPEC report, the collective output of OPEC+, which includes OPEC members, Russia and other allies, rose by 363,000 barrels per day (bpd) to 41.01 million b

Reuters on MSN · 1d

Kazakhstan says it will adjust quickly to comply with OPEC+ quota

Kazakhstan will quickly adjust its oil output in order to get back in line with its OPEC+ quota after exceeding the limit in February, the Energy Ministry said on Wednesday. OPEC said earlier that Kazakhstan was the biggest contributor to a sizeable jump in February crude output by OPEC+.

Oil prices settle lower

Reuters · 13h

IEA sees global oil market surplus for 2025 as demand disappoints

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United States and weaker than expected global demand.

MarketWatch on MSN · 9h

Oil prices settle lower as IEA warns that trade tensions will undercut demand

Oil futures settled lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.

Bloomberg L.P. · 19h

Trade War Erodes Oil Demand as OPEC+ Boosts Supply, IEA Says

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.

1don MSN

Kazakhstan was the main laggard in OPEC+ oil pact in February, OPEC data shows

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

OilPrice.com15h

OPEC Demands Consistency After Another IEA U-Turn

OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

Oil prices fall as OPEC nations raise production

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

10d

Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Oil Prices Might Be At Risk With The U.S. On The Cusp Of A Recession

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

10don MSN

OPEC+ will start long-delayed oil production hike

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

OilPrice.com7d

Big Oil Stocks Hammered After OPEC’s Move To Boost Output

Oil prices plunged this week as a result of OPEC+'s planned production hike and Trump's tariff policies, and oil majors sold ...

18h

Saudi crude oil supply to China to slump in April, sources say

Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...

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