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OPEC continues its internal turmoil? Kazakhstan claims there are no plans to cut oil production in May.
According to the OPEC+ agreement, Kazakhstan's crude oil production this month should be slightly below 1.4 million barrels per day, but according to Kazakhstan's current statements, its production will reach 2 million barrels per day. This is undoubtedly a direct challenge to Saudi Arabia-led OPEC+, which has already issued stern warnings to countries violating quotas.