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OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
OPEC+ leaders expected to up July oil output target despite Hormuz disruption, sources saySeven key OPEC+ oil nations are poised to increase July output by approximately 188,000 barrels per day. This decision comes as the group m...
OPEC+ set to approve third supply increase since Hormuz disruption, sources sayOPEC+ plans a small oil output increase. This boost will be symbolic as the U.S.-Iran conflict blocks vital Gulf oil routes. The Strait of ...
OPEC+ hikes oil production quotas, issues warningOPEC+ will boost oil production by 206,000 barrels daily from May. The cartel warns that repairing damaged energy facilities from conflicts...
Kazakhstan’s ski options & snow sports can be attractive options for IndiansKazakhstan presents a compelling alternative for Indians seeking a Switzerland-like winter tourism experience closer to home. With visa-fre...
OPEC+ set to further speed up output hikes, sources sayOPEC+ is expected to further increase oil output in August, potentially by 550,000 barrels per day, following recent price volatility. This...
Oil prices set for weekly drop with tariff legal battles, OPEC+ in focusBrent crude futures slipped 26 cents, or 0.41%, to $63.89 a barrel by 0104 GMT. U.S. West Texas Intermediate crude fell 27 cents, or 0.44%,...
OPEC+ to further speed up oil output hikes, four sources sayOPEC plus is likely to increase oil production further. The group may reverse voluntary output cuts by October. This decision follows conce...
OPEC+ agrees another accelerated oil output hike for JuneOPEC+ has decided to increase oil production by 411,000 barrels per day in June, marking the second consecutive month of accelerated output...
OPEC+ set to make another accelerated oil output hike for June, sources sayOPEC+ countries are likely to agree on a further accelerated oil output hike for June, following a similar increase in May. This decision c...
OPEC+ unexpectedly speeds up oil output hikes, oil dropsEight OPEC+ countries have agreed to increase oil output by 411,000 barrels per day in May, surpassing their initial plan. This decision ai...
Place on Earth that feels like another planet. An ocean floor, but instead of water, it has...Boszhira Valley in Kazakhstan was once submerged beneath the Tethys Ocean. The ocean disappeared over millions of years. It left behind lim...
Kazakh President Kassym-Jomart Tokayev wins new term against weak oppositionTokayev has taken steps to keep Kazakhstan's distance from longtime ally and dominant regional power Russia. He pointedly said the country ...
Kazakhstan president says 'attempted coup' defeatedThe Central Asian country is reeling in the wake of the worst violence in its recent history, but life in Kazakhstan's largest city Almaty ...
Fresh violence in Kazakhstan after Russia sends troops to put down uprisingPolice in the main city Almaty said they had killed dozens of rioters overnight. The authorities said at least 18 members of the security f...
Kazakhstan declares nationwide state of emergencyRussian news agencies Interfax, TASS and RIA Novosti reported the state of emergency, quoting a statement shown on Kazakh state television....
Why emerging markets are facing an intense selling pressureThe market carnage has been the greatest in the emerging market (EM) currencies, pushing losses beyond the levels experienced during the gl...
- Non-OPEC oil producers hampered in efforts to boost output
Oil producers outside the OPEC cartel are unable to pump enough oil to reduce crude prices, hampered by robust domestic demand, weak invest...