(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 4. Kazakhstan will
adjust its oil production level to 1.628 mb/d throughout 2024,
trend reports.
As indicated in the OPEC's statement, following the ministerial
meeting held today in Vienna, to achieve and maintain market
stability and establish long-term predictability, a new decision
has been made to set the crude oil production level at 40.46
million barrels per day for both OPEC and non-OPEC countries.
The block also decided to hold the 36th Ministerial Meeting on
November 26, 2023.
Earlier, OPEC predicted Kazakhstan's crude production in 2023 to
increase by 0.1 mb/d to stand at 1.9 mb/d.
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