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A Bloomberg survey put Saudi Arabia’s October crude output at 9.2 million barrels per day, up 970,000 bpd from September. The survey estimated total OPEC output at 22.8 million bpd, roughly 88% of February’s level, while export routes remained constrained.
The production rebound could add to crude supply and pressure prices, but restrictions on export routes limit how much of the increase can reach buyers.
houseofsaud.comAbdul MohammedNov 9, 2026After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), and -0.9% over 20.
After 129 past bearish report events, Crude Oil (Brent) moved a median -1.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
