OPEC+ Group Agrees to Keep Oil Output Unchanged

ASTANA – The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC partners, a group of oil exporters called OPEC+, decided to stick to their October plan to reduce output by 2 million barrels per day from November at the 34th OPEC and non-OPEC Ministerial Meeting on Dec. 4, the organization’s press service reported.

The OPEC+ next meeting is scheduled for June 4, 2023. Photo credit: oilprice.com

Kazakhstan’s obligations for November stand at 1.628 million barrels per day.

The next OPEC+ meeting is scheduled for June 4, 2023.


Get The Astana Times stories sent directly to you! Sign up via the website or subscribe to our X, Facebook, Instagram, Telegram, YouTube and Tiktok!