An item from overnight ICYMI:
Kazakhstan’s Energy Minister said oil prices above $70–$75 per barrel are broadly acceptable, dismissing criticism over the country’s OPEC+ quota breaches.
argued Kazakhstan’s share of global oil output is small — under 2% — and shouldn’t skew the broader group’s production dynamics.
Akkenzhenov blamed U.S. tariff policy for adding volatility to global energy markets.
This article was written by Eamonn Sheridan at www.forexlive.com.