oil output

OPEC+ sticks to oil policy, ditches US government data

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts.

Kazakhstan reaches record-breaking oil output

Kazakhstan’s oil production broke a daily record of 278,400 metric tons right after Chevron-led company expanded its operations at the Tengiz oil field.

IEA projects steady growth in Kazakhstan's oil output by 2025

Kazakhstan’s oil production is on an upward trajectory, with output expected to reach 2.08 million barrels per day (mb/d) by 2025, according to the International Energy Agency (IEA). The latest revision raises the forecast by 0.06 mb/d, signaling sustained growth in the nation’s energy sector.

Exxon's $8.6 billion profit beats as volume offsets price weakness