# CPC pipeline outage forces Kazakhstan to cut oil output by a fifth | Reuters

> An outage on the CPC pipeline forced Kazakhstan to cut its oil output by a fifth. Brent crude futures traded up 0.4% at $112.96 midday. Global supply outages and the war in Ukraine have pushed prices near all-time highs as producers face capacity constraints.

- Date: 2022-03-29 · published 2022-03-29T12:00:00.000Z
- Category: logistics · region Kazakhstan · magnitude medium
- Page: https://feedsoft.ai/events/42430-cpc-pipeline-outage-forces-kazakhstan-to-cut-oil-output-by-a-fifth-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Supply losses from Kazakhstan on top of Russia-related disruption keep crude tight, supporting higher energy and transport costs that feed into feed ingredient prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-03-23 | [Oil jumps 5% as Caspian pipeline disruption adds to supply fears \| Reuters](https://feedsoft.ai/events/8484-oil-jumps-5-as-caspian-pipeline-disruption-adds-to-supply-fears-reuters.md) | -5.9% | -10.6% |
| BRENT | 2017-12-11 | [Brent crude oil hits 2½-year high on Forties pipeline outage](https://feedsoft.ai/events/67645-brent-crude-oil-hits-21-2-year-high-on-forties-pipeline-outage.md) | -0.2% | +8.4% |
| BRENT | 2018-11-28 | [Oil prices rise over 1% on outage in North Sea, expected OPEC supply cuts](https://feedsoft.ai/events/62234-oil-prices-rise-over-1-on-outage-in-north-sea-expected-opec-supply-cuts.md) | +2.9% | -11.2% |
| BRENT | 2019-04-25 | [Brent Oil Hits $75 For First Time in 2019 as Russian Exports Cut](https://feedsoft.ai/events/9609-brent-oil-hits-75-for-first-time-in-2019-as-russian-exports-cut.md) | -2.7% | -3.5% |
| BRENT | 2026-03-19 | [US crude heads to Asia via Panama Canal as Iran crisis redraws trade flows \| Reuters](https://feedsoft.ai/events/16872-us-crude-heads-to-asia-via-panama-canal-as-iran-crisis-redraws-trade-flows.md) | -6.2% | -4.4% |
| WTI | 2022-03-23 | [Oil jumps 5% as Caspian pipeline disruption adds to supply fears \| Reuters](https://feedsoft.ai/events/8484-oil-jumps-5-as-caspian-pipeline-disruption-adds-to-supply-fears-reuters.md) | -6.3% | -7.8% |
| WTI | 2017-12-11 | [Brent crude oil hits 2½-year high on Forties pipeline outage](https://feedsoft.ai/events/67645-brent-crude-oil-hits-21-2-year-high-on-forties-pipeline-outage.md) | +0.1% | +10.0% |
| WTI | 2018-11-28 | [Oil prices rise over 1% on outage in North Sea, expected OPEC supply cuts](https://feedsoft.ai/events/62234-oil-prices-rise-over-1-on-outage-in-north-sea-expected-opec-supply-cuts.md) | +3.6% | -10.3% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/commodities/cpc-pipeline-outage-forces-kazakhstan-to-cut-oil-output-by-a-fifth-idUSL2N2VW0A7/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.