From Yahoo Finance: 2025-05-20 09:46:00

Kazakhstan’s oil production defies OPEC+ pressure, rising 2% in May. The country cites difficulty in telling Western oil majors to cut output. OPEC+ speeds up production increases, punishing non-compliant members. Energy ministry silent on May production figures, but Tengiz field hits planned levels. Crude production averages 1.86 million bpd in May, up from 1.82 million in April. OPEC+ quota for May rises to 1.486 million bpd. Kazakhstan vows to comply with OPEC+ while prioritizing national interests. Major Western oil companies active in Kazakhstan projects. Production expected to stabilize at 1.8 million bpd.

Read more: Exclusive-Kazakhstan’s oil output rises 2% in May in defiance of OPEC+