Kazakhstan Exceeded Its OPEC+ Oil Output Quota in June
Wednesday, 3 July 2024 () Non-OPEC producer Kazakhstan, which is part of the OPEC+ output deal, raised its oil production in June, exceeding its quota under the alliance’s agreements, Reuters calculations based on data from sources showed on Wednesday. Kazakhstan’s giant oilfield Tengiz has completed planned maintenance, which raised the country’s production in June compared to May. According to Reuters calculations of output data, Kazakhstan produced 1.538 million barrels per day (bpd) of crude last month, up from May, and about 70,000 bpd above…
Wednesday, 3 July 2024 ()
