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Kazakh Crude Production Narrowly Breaches OPEC+ Commitment in October


Kazakhstan’s crude and condensate production rose to its highest monthly level since April – breaching OPEC+ commitments for the first time this year according to Bloomberg calculations.

  • Total output of crude and condensate for October is estimated at 7.73m tons according to the calculations – equivalent to 1.82mn bpd, up from 1.78mn bpd in September.
  • Excluding condensate – its production was 1.57mn bpd. Its OPEC+ commitment since May has been 1.55mn bpd.

source: Bloomberg

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