Oil Prices Could Surge to $120 per Barrel
Summary
Middle East tensions and a drop in OPEC oil production by 640,000 barrels per day in August could push oil prices toward $120.
Prepared by the newsroom with AI assistance; the original link is always provided
Geopolitical tensions in the Middle East have shaken global energy markets once again, creating scenarios where oil prices could potentially reach $120 per barrel.
Market supply constraints are intensifying the pressure on crude prices. According to recent data, oil output across OPEC member countries decreased by 640,000 barrels per day in August, deepening concerns over tighter global supply.
Source: inbusiness.kz
Read the original →Latest news
Bank CenterCredit Repurchases Shares for 18.2B Tenge on KASE
Bank CenterCredit JSC has repurchased 4.1 million of its common shares on the Kazakhstan Stock Exchange for 18.2 billion tenge.
Source: KASE
Home Credit Bank Bonds Added to KASE T+ List
Starting October 8, Home Credit Bank bonds (KZQ000001213, HCBNe1) will be included in the KASE T+ List.
Source: KASE
KASE Publishes Member Activity Rankings for September 2026
Kazakhstan Stock Exchange has released its exchange member activity rankings for September 2026 on its official website.
Source: KASE
KASE Index rises 0.25% to 7,862.81 points
On October 7, the KASE Index climbed by 0.25% to settle at 7,862.81 points.
Source: KASE