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ICYMI: Energy minister says oil prices above $70 / $75 /barrel likely suits all countries

Forexlive | Forex News, Technical Analysis & Trading Tools · last updated

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.

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