As OPEC+ debated whether to keep oil output steady due to weak global demand or pump more in response to internal pressure ...

The meeting involved eight OPEC+ countries that previously announced additional voluntary adjustments in April and November ...

OPEC+ decided to increase oil output for the first time since 2022, influenced by record production in Kazakhstan. The ...

Crude and condensate production rose 13% in February to 2.12M bpd, driven by the Tengiz field expansion despite OPEC+ curbs.

Kazakhstan increased its crude oil and gas condensate production to a record high of 2.12 million barrels per day (bpd) in ...

The increase is the first since 2022 by OPEC+, which includes the Organisation of the Petroleum Exporting Countries, Russia ...

In a separate market analysis sent to Rigzone today, Rania Gule, Senior Market Analyst at XS.com - MENA, said, “this move by ...

OPEC+ member Kazakhstan is producing at a record high and well above its target, as agreed with the producer group after U.S. oil major Chevron finished a major expansion at the country's Tengiz ...

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

Kazakhstan is set to augment its oil supplies through the CPC pipeline by 12% in March compared with the previous month, ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.