Saudi Arabia's September crude output exceeds 8 million bpd

In September 2026, Saudi Arabia experienced a significant increase in crude oil production, surpassing 8 million barrels per day for the first time in a while, reaching 8.001 million barrels daily. This represents an increase of 744,000 barrels compared to August 2026, and a rise of 672,000 barrels from July 2026. Additionally, the country’s average production in 2025 was 9.471 million barrels per day, up from 2024. At the OPEC level, member countries' production grew by 920,000 barrels per day, reaching a total of 25.097 million barrels, primarily contributed by Saudi Arabia and Iraq. Iraq increased its production by 386,000 barrels to reach 3.920 million barrels per day, despite a slight decline among non-OPEC countries, notably Russia, which reduced its output by 38,000 barrels to 8.643 million barrels daily. Overall, global oil production rose to 39.068 million barrels per day, an increase of 903,000 barrels compared to the previous month. This growth is mainly attributed to increased output from Saudi Arabia, Iraq, and other countries.

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