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Reuters·2 min read·medium

OPEC+ oil output in October nears pre-Iran war rate, led by Saudi Arabia

OPEC+ oil output in October nears pre-Iran war rate, led by Saudi Arabia
✦AI Summary

OPEC+ crude oil production increased in October, with Saudi Arabia leading the surge despite ongoing shipping disruptions in the Strait of Hormuz. The output levels are approaching those seen before the onset of the Iran war.

Why it matters

Increased oil production from major exporters impacts global energy prices and geopolitical stability during ongoing regional conflicts.

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LONDON, Nov 11 (Reuters) - OPEC+ crude oil production jumped in October, led by a sharp increase in output from Saudi Arabia…

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Also covering this story

2 other newsrooms covered this event. We read each version separately.

Al JazeeraLeans left

Hormuz Strait will ‘never return’ to pre-war status, Iran’s Ghalibaf says

QuartzBalanced

Saudi Arabia told OPEC its oil output hit a wartime high in October

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