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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
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Power Issues Impacting Kazakhstan Production
Kazakhstan’s daily oil production fell further to 209.3k tons on Aug. 14 compared with 215k tons the day before because of a power outage according to official figures.
- Prior top the power issues, production stood at 232k tons on Aug. 10.
- Earlier headline - *KAZAKHSTAN'S OIL OUTPUT CONTINUED TO FALL AUG. 14: MINISTRY - bbg
- Officials from the country said yesterday that the power cuts the country is facing may impact the oil production forecast for the rest of the year.
- "Due to power disruptions we are currently seeing a decline in oil production in the Mangistau Region, which, in turn, will affect the oil production forecast for the rest of the year," the ministry said.
- Kazakhstan to reduce oil production forecast in 2023 from 90.5 to 89.4 million tons - Ministry of Energy - bbg
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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.