Kazakhstan
OPEC+ members agree larger-than-expected oil production hike in August
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance on Saturday agreed to lift their collective crude production by 548,00 barrels per day, as they […]
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OPEC+ members could hike July oil production by 411,000 barrels per day: Sources
Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude oil output at a meeting later this week. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance could hike output by as much as 411,000 barrels per day in July, two […]
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OPEC+ agrees another accelerated oil output hike for June, sources say
FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Maxim Shemetov | Reuters Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike […]
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Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
The Phillips 66 Company’s Los Angeles Refinery in California. Bing Guan | Reuters The oil price outlook is being hit with more bearish forecasts on the back of U.S. President Donald Trump’s sweeping and market-hammering tariff announcements. Businesses and investors worry that a trade war and lower global growth lies ahead. Goldman Sachs on Thursday […]
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Azerbaijan Airlines says crashed flight saw ‘external and technical interference’ before it crashed
Emergency specialists work at the crash site of an Azerbaijan Airlines passenger jet near the western Kazakh city of Aktau on December 25, 2024. The Embraer 190 aircraft was supposed to fly northwest from the Azerbaijani capital Baku to the city of Grozny in Chechnya in southern Russia, but instead diverted far off course across […]
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Passenger plane crashes in Kazakhstan, emergencies ministry says
An aerial view of the port city of Aktau, located on the Caspian Sea coast on September 01, 2024 in Aktau, Kazakhstan. Anadolu | Anadolu | Getty Images A passenger plane crashed near the city of Aktau in Kazakhstan on Wednesday and initial reports suggested there were survivors, the Central Asian country’s Emergencies Ministry said […]
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Oil prices extend slump on likely restoration of Libyan production, OPEC+ plans to raise output
Oil pumpjacks operate as the Lake Fire burns in Los Padres National Forest with evacuation warnings in the area on July 6, 2024 near Los Olivos, California. Mario Tama | Getty Images Oil prices extended declines during Asia trading hours, after a report that Libya’s oil production was set to be restored pressured prices overnight. […]
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China says India has no right to develop contested border region
Chinese Premier Li Keqiang meets with Indian Vice President Shri Mohammad Hamid Ansari at the Great Hall of the People in Beijing on June 28, 2014. Wang Zhao | AFP | Getty Images India has no right to carry out development in the area China calls South Tibet, China’s Foreign Ministry said on Wednesday in response to a Reuters report on New Delhi’s […]
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Oil selling prices drop immediately after OPEC+ extends voluntary oil output cuts until eventually mid-year
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Oil costs fell Monday right after oil cartel OPEC+ agreed to lengthen voluntary output reductions till the 2nd quarter, in an effort to help the limited-expression balance of crude marketplaces. World-wide benchmark Brent fell 73 cents, or .89%, to $82.81 a barrel Monday, though U.S. West […]
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As the West courts Russia’s neighbors, Putin exhibits he will not likely give up its backyard with out a battle
Russian President Vladimir Putin at the Eurasian Economic Summit on Nov. 9, 2022, in Bishkek, Kyrgyzstan. Contributor | Getty Images News | Getty Images Russia signaled this 7 days that it will not consider Western initiatives to develop ties with Central Asia lying down, with Moscow conducting its own diplomatic thrust in the area ordinarily […]
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