Saudi Arabia boosts July oil output
Saudi Arabia's crude oil production in July 2026 increased by 590,000 barrels per day, reaching 7.352 million barrels, compared to 6.762 million barrels in June. The country's average annual production in 2025 had previously risen to 9.471 million barrels per day. At the OPEC level, overall production grew by 1.659 million barrels per day in July, reaching 23.632 million barrels. Iraq's output also increased by 665,000 barrels per day, totaling 2.621 million barrels daily. Meanwhile, production in some non-OPEC countries, such as Kazakhstan and Russia, declined. Despite these changes, global oil production rose to 37.655 million barrels per day, with Saudi Arabia's output increasing by 783 barrels per day in July.
Notice: This Is an AI-Generated Summary
Comments (0)