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Executive Moves

Kazakhstan: No Oil Output Cuts This Month

Kazakhstan Maintains Oil Output, Defying OPEC+ Pressure

In a move signaling persistent tension within the OPEC+ alliance, Kazakhstan’s Energy Ministry has confirmed no plans to curtail crude oil production in May. This announcement puts the Central Asian powerhouse on a collision course with the cartel’s efforts to enforce output discipline, particularly following recent warnings from key members regarding quota adherence.

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