OPEC+ Oil Production Surges as Kazakhstan Further Breaches Quota
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OPEC+ crude production surged last month as Kazakhstan, which has long flouted the cartel’s output quotas, further breached its agreed limit.
The alliance’s output climbed by 363,000 barrels a day to just over 41 million barrels a day in February, according to a report from OPEC’s secretariat on Wednesday, preempting the group’s supply revival by two months.