# OPEC crude production rises by nearly 2 million bpd in October

> OPEC crude production rose by about 1.97 million barrels per day in October to around 27.16 million. Saudi Arabia and Iraq led the gains, while total OPEC+ production increased by about 2.04 million barrels per day to 41.23 million.

- Date: 2026-11-11 · published 2026-11-11T15:18:33.673Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/93741-opec-crude-production-rises-by-nearly-2-million-bpd-in-october
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The production rise adds oil to global supply and can weigh on crude prices, with a potential knock-on reduction in fuel and logistics costs for feed buyers.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-10-30 | [OPEC oil output rises by 210,000 bpd in October-survey \| Financial Post](https://feedsoft.ai/events/50549-opec-oil-output-rises-by-210-000-bpd-in-october-survey-financial-post.md) | +8.3% | +27.9% |
| BRENT | 2018-08-31 | [Saudi crude oil output in August rises to 10.424 million b/d: OPEC source](https://feedsoft.ai/events/63444-saudi-crude-oil-output-in-august-rises-to-10-424-million-b-d-opec-source.md) | -1.7% | +5.5% |
| BRENT | 2018-07-30 | [OPEC Oil Production Hits 2018 High In July \| OilPrice.com](https://feedsoft.ai/events/63954-opec-oil-production-hits-2018-high-in-july-oilprice-com.md) | -2.3% | +0.7% |
| BRENT | 2018-10-11 | [OPEC hikes oil output in September as Iran's production falls](https://feedsoft.ai/events/62459-opec-hikes-oil-output-in-september-as-iran-s-production-falls.md) | -4.2% | -14.8% |
| BRENT | 2017-09-29 | [OPEC oil output rises by 50,000 bpd in September - Reuters survey](https://feedsoft.ai/events/68863-opec-oil-output-rises-by-50-000-bpd-in-september-reuters-survey.md) | -1.8% | +1.6% |
| WTI | 2020-10-30 | [OPEC oil output rises by 210,000 bpd in October-survey \| Financial Post](https://feedsoft.ai/events/50549-opec-oil-output-rises-by-210-000-bpd-in-october-survey-financial-post.md) | +7.3% | +26.5% |
| WTI | 2018-08-31 | [Saudi crude oil output in August rises to 10.424 million b/d: OPEC source](https://feedsoft.ai/events/63444-saudi-crude-oil-output-in-august-rises-to-10-424-million-b-d-opec-source.md) | -3.6% | +4.2% |
| WTI | 2018-07-30 | [OPEC Oil Production Hits 2018 High In July \| OilPrice.com](https://feedsoft.ai/events/63954-opec-oil-production-hits-2018-high-in-july-oilprice-com.md) | -0.3% | +1.0% |

## Sources

- aa.com.tr: https://www.aa.com.tr/en/energy/oil/opec-crude-production-rises-by-nearly-2-million-bpd-in-october/60890

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