Kazakh Oil Output Dips as List of Disrupted Producers Lengthens
- Government data show crude production dipped since Sunday
- Libya, Canada, Venezeula also reduced; U.S. threatening Iran
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Add Kazakhstan to the list of oil producers whose supply is restricted.
The central Asian nation’s output slipped by about 240,000 barrels a day between Sunday and Tuesday, data from the country’s Ministry of Energy show. The cause and duration of the dip aren’t known, but the country suffered a few supply outages earlier this year involving the giant Kashagan field in the Caspian Sea.