Brent fell 39 cents, or 0.6%, to $66.24 a barrel, WTI slipped 36 cents, or 0.6%, to $63.31.

Brent dropped 22 cents, or 0.3%, to $64.74 per barrel, WTI fell 18 cents, or 0.3%, to $61.77.

In view of the current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411 thousand barrels per day in June 2025 from May 2025 required production level.

Brent gained 43 cents to $66.98 a barrel, WTI rose 42 cents to $63.21 a barrel.

The ministry envisages in its baseline scenario of economic forecasts for 2025 that the average price for Brent will be at $68 per barrel, down from the $81.7 per barrel it assumed in its September forecasts,

Brent rose 8 cents, or 0.12%, to $66.20 a barrel , WTI gained 9 cents, or 0.14%, to $62.36 a barrel.

Brent slipped $1.10, or 1.6%, to $66.86 a barrel, WTI was at $63.57 a barrel, down $1.11, or 1.7%.

Brent rose 55 cents, or 0.8%, to $66.40 a barrel , WTI was at $63.13 a barrel, up 66 cents, or 1.1%.

The two sides discussed cooperation within the OPEC+ framework and the energy sector, including electricity, hydropower and renewables. Three coal-fired thermal power plants will be built in Kazakhstan in the cities of Kokshetau, Semey and Ust-Kamenogorsk, and two power units at Ekibastuz TPP-2 will be renovated with the involvement of Russian specialists.

Brent eased 18 cents, or 0.3%, to $64.49 per barrel , WTI fell 16 cents, or 0.3%, to $61.17.