OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a challenge for the producer group in enforcing adherence to agreed output targets.

Kazakhstan has taken the lead in a substantial increase in oil production among the Organization of the Petroleum Exporting Countries (OPEC)+ in February, OPEC’s monthly report has revealed, reported Reuters.

Kazakhstan reaffirmed its commitment to adjusting its oil production to align with its agreed OPEC+ quota, following an overpr

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.