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

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.

This article was written by Eamonn Sheridan at www.forexlive.com.