Kazakhstan's Tengizchevroil is reportedly gradually restarting its Tengiz production
The gradual restart of Tengiz production by Kazakhstan's Tengizchevroil is noteworthy as it signals a potential increase in oil supply, which could influence global prices, especially in light of any existing supply constraints.
Swiss Sight Deposits (w/e Jan 23). Domestic Banks CHF 433.6bln (prev. 439.9bln), Total CHF 449.3bln (prev. 456.2bln)
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Kazakhstan's Tengizchevroil is reportedly gradually restarting its Tengiz production
French Finance Ministry announces that France will hold a G-7 finance call on Tuesday
South Korea Pension Fund lowers end-2026 target for foreign stock ratio, according to the Welfare Ministry
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This development may alleviate some pressure on crude prices if recovery progresses smoothly, impacting energy markets and commodities linked to oil.
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