
OPEC Struggles to Rein In Biggest Cheat Despite Saudi Arabia’s Scolding
(Bloomberg) — Saudi Arabia’s oil supply shock has set up a standoff with OPEC members who keep busting their quotas, but the biggest of the offenders has yet to flinch. Kazakhstan — whose persistent flouting of production limits triggered Riyadh’s ire — continues to pump as usual at the biggest oil fields run by its…