Macro Finance
Saudi Oil Production Surged 26% Last Month to Pre-War Levels
Bloomberg Markets·November 11, 2026·1 min read
Saudi Arabia told OPEC that its crude oil production climbed 26% in October to one of the highest monthly levels in years. The acceleration of flows through the Strait of Hormuz helps push down prices, according to the report. The surge brings output back to pre-war levels, signaling increased supply in the global market.
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