Free Trial

Daily Kazakhstan Production Above OPEC+ Target

OIL

Kazakhstan’s crude production is recovering after producing below OPEC+ target since March.

  • A combination of maintenance shutdowns, leaks and problems at the CPC export terminal have reduce production.
  • Daily production now exceeds the country’s output cap for the first time since March. Total output is about 80mbbls less than was permitted by OPEC+ targets so far this year.
  • Caspian CPC Blend loadings are set to rise to 5.4m tons (1.42mbpd) in November from 1.08mbpd in October.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.