OPEC crude production fell 900,000 barrels per day in August as Saudi output plummeted amid regional security threats disrupting export routes. Brent crude futures approached $100 per barrel while Ven
OPEC crude oil production rose by 1.16 million barrels per day in July, led by gains in Kuwait, Saudi Arabia, and Iraq. This supply increase helped cool prices below $80 per barrel despite persistent
OPEC oil output rose by 3.3 million barrels per day in June to 19.43 million bpd, recovering from two-decade lows as Gulf producers revived supplies. Key increases came from Kuwait and Iran following
OPEC crude production rose by 2.34 million barrels per day in June as exports resumed through the Strait of Hormuz following a US-Iran accord. Rising supply amid subdued demand is creating market surp
OPEC oil output hit its lowest level since 2000 in May, falling 1.06 million barrels per day to 16.13 million bpd. A U.S. naval blockade on Iran and Strait of Hormuz disruptions drove the decline amon
OPEC crude output hit a 37-year low in May as US sanctions and regional conflict curtailed production, particularly in Iran and Kuwait. Despite symbolic quota hikes, actual supply remains severely con
OPEC crude production fell to its lowest level in over two decades in April due to the effective closure of the Strait of Hormuz caused by regional conflict. While Kuwait and Iraq cut output significa
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