# Gulf States Drive Sharp October Rise In Opec Output

> Saudi Arabia, Iraq and Kuwait led a rebound in OPEC crude output in October, with combined gains of 2.54 million b/d. Group output rose to within about 1.5 million b/d of pre-war levels, while Iran's output declined substantially.

- Date: 2026-11-13 · published 2026-11-13T18:13:40.630Z
- Category: macro · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/98157-gulf-states-drive-sharp-october-rise-in-opec-output
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A faster supply recovery eases crude tightness and lowers energy and freight costs, though renewed Gulf escalation could reverse the trend and lift prices again.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-02-29 | [Oil inches down as US inflation data, rising OPEC output weigh \| Reuters](https://feedsoft.ai/events/31835-oil-inches-down-as-us-inflation-data-rising-opec-output-weigh-reuters.md) | +1.0% | +1.9% |
| BRENT | 2020-04-28 | [Sharp selloff in oil as world runs out of storage space](https://feedsoft.ai/events/4147-sharp-selloff-in-oil-as-world-runs-out-of-storage-space.md) | +35.3% | +101.2% |
| BRENT | 2017-07-21 | [Oil prices sink on a report OPEC supply will rise in July](https://feedsoft.ai/events/70144-oil-prices-sink-on-a-report-opec-supply-will-rise-in-july.md) | +4.4% | +3.6% |
| BRENT | 2025-09-29 | [Oil Drops as Iraq Resumes Kurdish Exports, OPEC+ Eyes Output Hike](https://feedsoft.ai/events/23052-oil-drops-as-iraq-resumes-kurdish-exports-opec-eyes-output-hike.md) | -7.5% | -6.8% |
| BRENT | 2025-10-01 | [Oil settles lower as investors brace for possible OPEC+ output hike](https://feedsoft.ai/events/23036-oil-settles-lower-as-investors-brace-for-possible-opec-output-hike.md) | -2.2% | -5.2% |
| WTI | 2024-02-29 | [Oil inches down as US inflation data, rising OPEC output weigh \| Reuters](https://feedsoft.ai/events/31835-oil-inches-down-as-us-inflation-data-rising-opec-output-weigh-reuters.md) | +0.8% | +3.5% |
| WTI | 2020-04-28 | [Sharp selloff in oil as world runs out of storage space](https://feedsoft.ai/events/4147-sharp-selloff-in-oil-as-world-runs-out-of-storage-space.md) | +65.3% | +179.6% |
| WTI | 2017-07-21 | [Oil prices sink on a report OPEC supply will rise in July](https://feedsoft.ai/events/70144-oil-prices-sink-on-a-report-opec-supply-will-rise-in-july.md) | +4.9% | +0.7% |

## Sources

- mees.com: https://www.mees.com/2026/11/13/opec/gulf-states-drive-sharp-october-rise-in-opec-output/4d1c30b0-df6b-11f1-b192-a19984287c57

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