CPC’s oil exports rose 48% in March from February to 1.58mln bpd, boosted by recovery at the Tengiz field, according to sources cited by Reuters

CPC's significant 48% rise in oil exports in March, driven by the recovery at the Tengiz field, suggests a robust supply-side dynamic that could influence WTI prices.

Newsquawk StaffPublished 13 Apr 2026, 09:20 UTCOn the live feed at 09:00 UTC — 9 more headlines followed before this page went public

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CPC’s oil exports rose 48% in March from February to 1.58mln bpd, boosted by recovery at the Tengiz field, according to sources cited by Reuters

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CPC exports boosted by Tengiz field recovery

Context

This boost in exports may impact global oil supply balances and could also have ripple effects on inflation expectations and energy sector performance, particularly in Europe.

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