Kazakhstan Prepares for Oil Price Decline with Three Scenarios Amid US Tariff Pause

Kazakhstan in Talks With Oil Producers About Output Cuts, Ifx Reports - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Kazakhstan has been in talks with oil producers about reducing output, which has been above the country’s OPEC+ quota, Interfax news agency reported on Thursday citing the energy ministry. Kazakhstan has been pumping oil above the limit agreed by the Organization of the Petroleum Exporting Countries and its allies led by Russia for ...

Kazakhstan Prepares for Oil Price Decline with Three Scenarios Amid US Tariff Pause

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The Kazakh government has three scenarios – optimistic, baseline, and pessimistic – in case of a further decline in oil prices, Deputy Prime Minister and Minister of National Economy Serik Zhumangarin said at an April 9 briefing in the Mazhilis, a lower house of Parliament, reported Zakon.kz. Photo credit: Ruletkka/Depositphotos.com Kazakhstan’s budget …