Kazakhstan's Energy Minister says oil output decline will ensure the country remains within OPEC+ quotas, adds Kazakhstan's energy minister says, oil production in Kazakhstan declined around 900,000 tons after halts at Tengiz and Korolev

Kazakhstan's Energy Minister indicates that the country’s oil output decline is a strategic move to stay compliant with OPEC+ quotas.

Newsquawk StaffPublished 28 Jan 2026, 06:12 UTCOn the live feed at 05:52 UTC — 2 more headlines followed before this page went public

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05:52

Kazakhstan's Energy Minister says oil output decline will ensure the country remains within OPEC+ quotas, adds Kazakhstan's energy minister says, oil production in Kazakhstan declined around 900,000 tons after halts at Tengiz and Korolev

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Context

This production drop of approximately 900,000 tons, primarily due to stoppages at major fields, suggests a tighter supply in the market, which could support oil prices in the near term, especially for WTI as the market reacts to these production constraints.

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