"For the entire period of the agreement from May 2020 to October 2021, the fulfillment of obligations amounted to 95%," RIA Novosti quotes a statement from the department.

According to the ministry, the OPEC + quota for Kazakhstan in October was set at 1.524 million barrels per day, while actual production was 1.599 million barrels per day.

Earlier, Otabek Karimov, Vice President for Commerce and Logistics of Rosneft, said that at the end of the first half of 2022, the oil price could reach $ 120 per barrel.

In October, Igor Yushkov, a leading analyst of the National Energy Security Fund, an expert at the Financial University under the Government of Russia, spoke about the prospects of the energy market in an interview with the Economics Segodnya FBA.