Kazakhstan, Six Other OPEC+ Members Approve August Oil Production Adjustment

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan and six other OPEC+ members agreed to implement an 188,000-barrel-per-day production adjustment in August, reaffirming their commitment to oil market stability. Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia and Saudi Arabia, which previously announced voluntary production adjustments in 2023, held a virtual meeting on July 5 to review market conditions and the outlook.… The post Kazakhst...

By Fatima Kemelova