# Saudi Arabia tells Opec it raised output to 10 million bpd in February | The National

> Saudi Arabia reported to OPEC that it produced just over 10 million bpd in February, about 263,000 bpd more than January, signaling it would defend its market share. Brent fell about 2 percent after the report, to about $50.72 a barrel.

- Date: 2017-03-14 · published 2017-03-14T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/71903-saudi-arabia-tells-opec-it-raised-output-to-10-million-bpd-in-february-the
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher Saudi output and a price-war signal add supply pressure, pushing crude lower and weakening energy-linked input costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-09-07 | [Opec+ agrees another rise in oil output for October \| The National](https://feedsoft.ai/events/22772-opec-agrees-another-rise-in-oil-output-for-october-the-national.md) | +3.4% | +0.2% |
| BRENT | 2020-08-01 | [What to expect as Opec+ tapers its historic output deal \| The National](https://feedsoft.ai/events/51540-what-to-expect-as-opec-tapers-its-historic-output-deal-the-national.md) | +2.4% | +4.4% |
| BRENT | 2022-03-31 | [Opec+ sticks to output rise plans for May as US announces release of record oil reserves \| The National](https://feedsoft.ai/events/42176-opec-sticks-to-output-rise-plans-for-may-as-us-announces-release-of-record-oil.md) | -11.9% | -6.8% |
| BRENT | 2021-09-01 | [Opec+ stays the course to bring 400,000 bpd supply to the market in September \| The National](https://feedsoft.ai/events/44982-opec-stays-the-course-to-bring-400-000-bpd-supply-to-the-market-in-september.md) | -2.2% | +7.5% |
| BRENT | 2017-05-25 | [Opec, non-Opec producers roll over output restraint deal for nine months to curb glut \| The National](https://feedsoft.ai/events/70929-opec-non-opec-producers-roll-over-output-restraint-deal-for-nine-months-to-curb.md) | -7.0% | -16.6% |
| WTI | 2025-09-07 | [Opec+ agrees another rise in oil output for October \| The National](https://feedsoft.ai/events/22772-opec-agrees-another-rise-in-oil-output-for-october-the-national.md) | +1.3% | -1.1% |
| WTI | 2020-08-01 | [What to expect as Opec+ tapers its historic output deal \| The National](https://feedsoft.ai/events/51540-what-to-expect-as-opec-tapers-its-historic-output-deal-the-national.md) | +2.5% | +7.0% |
| WTI | 2022-03-31 | [Opec+ sticks to output rise plans for May as US announces release of record oil reserves \| The National](https://feedsoft.ai/events/42176-opec-sticks-to-output-rise-plans-for-may-as-us-announces-release-of-record-oil.md) | -10.6% | -2.2% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/saudi-arabia-tells-opec-it-raised-output-to-10-million-bpd-in-february-1.10941

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.