OPEC+ to cut output by 137k bpd in December
The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…
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Kazakhstan
Russia tops Kazakhstan’s imports in Q1 ’25
Russia regained its position as Kazakhstan's top exporter in the first quarter of 2025, supplying 29.1 per cent of…
Oil up on Thursday
Oil prices extended gains on Thursday as tighter supply prospects emerged following new US sanctions targeting…
OPEC+ receives updated output compensation plans from 8 members
The Organisation of the Petroleum Exporting Countries (OPEC+) has received revised oil output compensation plans…
OPEC+ reaffirms commitment to market stability with production adjustment
OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to…
OPEC+ accelerates oil output hike, driving prices lower
OPEC+ unexpectedly announced a larger-than-planned oil production increase of 411,000 barrels per day in May,…
EAEU summit kicks off in Russia’s Leningrad
The Eurasian Economic Union (EAEU) is holding a summit at Igora Resort in Russia's Leningrad Region on Thursday,…
Uzbekistan’s foreign trade turnover reaches $59.4b in 11m of ’24
Uzbekistan's foreign trade turnover (FTT) reached $59.4 billion in 11 months of 2024, showing a 3.6 per cent…
Kazakh Invest launches $1.1b projects in ’24
Kazakh Invest, the national investment company, has successfully launched 22 investment projects worth $1.1 billion…
Russia-Kazakhstan trade grows in 10yrs
Russia and Kazakhstan's trade turnover has grown by 30 per cent in the last ten years.