Kazakhstan to cut oil output by 20,000 bpd

Kazakhstan to cut oil output by 20,000 bpd

Kazakhstan’s Energy Minister Kanat Bozumbayev announced Saturday the Central Asian nation would aim for an oil output cut of 20,000 barrels per day.

"I think we can reduce oil production by 20,000 barrels from the November level," Bozumbayev told reporters after a meeting of OPEC and non-OPEC oil producers in Vienna, Austria, Sputnik reports.

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