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Crypto@FirstSquawk on XFiled 33 h ago

A post by @FirstSquawk on X.

Open the post on XPosted by @FirstSquawk on x.com
Impact 40 of 100, routine

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Kazakhstan said it aims to produce about 99 million tons of oil in 2027 while reiterating a target of 96 million tons for the current year, according to a First Squawk post on X. The 2027 figure marks a roughly 3% increase over this year’s planned output, signaling modest medium-term growth from the Central Asian producer. The announcement matters for global crude supply expectations, as Kazakhstan is a significant non-OPEC producer whose output plans feed into OPEC+ quota discussions and export schedules. Traders will watch whether the 96-million-ton target for this year is met amid maintenance and capacity constraints at major fields, and whether the 2027 goal is revised as investment and pipeline capacity plans develop.

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Kazakhstan