Saudi Arabia raises oil output to highest level since February

The world’s top oil exporter told OPEC it pumped 10.563 million barrels per day of crude in October, up from 8.372 million bpd in September
Investing Thursday, 12 November 2026

Saudi Arabia increased its oil production in October to the highest level since February, according to OPEC’s monthly report published on its website. February was the last month before the Iran war disrupted oil supplies in the Middle East.

The world’s top oil exporter told OPEC it pumped 10.563 million barrels per day of crude in October, up from 8.372 million bpd in September.

October output is the highest since February 2026, when Saudi Arabia reported 10.882 million bpd to OPEC.