Kazakh Oil Exports to Hold Near Record Again in Fresh OPEC+ Test
Kazakhstan's crude oil exports are set to hold near record levels again next month, highlighting the ongoing challenge the central Asian country's burgeoning supply is posing for OPEC+.
Total exports of CPC Blend from Russia's Black Sea port of Novorossiysk are expected to be between 1.65 million and 1.75 million barrels a day in July, estimates from four traders involved in the shipments showed. That would be close to — or could even surpass — the record of 1.7 million, set in February.
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