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Fed's Goolsbee says 'It makes sense to wait' before cutting rates

Kazakhstan to join talks with OPEC, undecided on output cut

Reuters
A soldier patrols in front of the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, November 29, 2016. REUTERS/Heinz-Peter Bader

ASTANA (Reuters) - Kazakhstan's energy minister plans to attend the Dec. 10 meeting of OPEC and non-OPEC producers in Vienna, he said on Tuesday without committing to any output cuts.

"We are not the biggest oil-producing country outside OPEC, we will see what out partners' position is," minister Kanat Bozumbayev told reporters when asked if Kazakhstan would reduce oil production.

Non-OPEC producers are expected to contribute a combined cut of 600,000 barrels per day (bpd), with the half coming from Russia, the world's top oil producer and the biggest producer outside OPEC.

(Reporting by Raushan Nurshayeva; Writing by Olzhas Auyezov; editing by Katya Golubkova)