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OPEC secondary sources show August crude output rose 346,000 bpd to 24.081 mln bpd. Iraq led gains, +664,000 bpd to 3.378 mln bpd; Iran fell 399,000 bpd to 2.086 mln bpd. Saudi output declined 75,000 bpd to 7.276 mln bpd. UAE +54,000 bpd to 3.835 mln

2026-09-10

OPEC secondary sources show August crude output rose 346,000 bpd to 24.081 mln bpd. Iraq led gains, +664,000 bpd to 3.378 mln bpd; Iran fell 399,000 bpd to 2.086 mln bpd. Saudi output declined 75,000 bpd to 7.276 mln bpd. UAE +54,000 bpd to 3.835 mln bpd; Kuwait +49,000 bpd to 1.894 mln bpd; Nigeria +35,000 bpd to 1.573 mln bpd; Venezuela +23,000 bpd to 1.145 mln bpd; Libya -9,000 bpd to 1.355 mln bpd. Smaller moves: Gabon +10,000 bpd to 217,000 bpd; Algeria +5,000 bpd to 999,000 bpd; Guinea -8,000 bpd to 47,000 bpd; Congo -1,000 bpd to 275,000 bpd.

Other News
2026-09-10

The International Monetary Fund (IMF) says global economic growth is still expected to reach around 3% in 2026, but risks remain high.

The International Monetary Fund (IMF) says global economic growth is still expected to reach around 3% in 2026, but risks remain high.
2026-09-10

Petrobras said it will cancel a BRL0.44-per-liter gasoline discount.

Petrobras said it will cancel a BRL0.44-per-liter gasoline discount.
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