# Saudi Arabia Reports October Crude Output Near February Level

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55018
Published: 2026-11-12T06:22:46.000Z
Updated: 2026-11-12T06:22:46.000Z
Section: Investing

> A secondary-source production estimate and Saudi Arabia’s separate supply-to-market figure were both near 9.2 million barrels a day.

Saudi Arabia reported October crude production of 10.563 million barrels a day, up 26% from September and near February’s level; secondary-source production was 9.194 million, while supply to market was 9.203 million barrels a day.

Saudi Arabia reported production of 8.372 million barrels a day in September and 10.882 million in February. October’s figure was 319,000 barrels a day below February’s. The 26% monthly increase applies to Saudi Arabia’s reported production series.

A secondary-source production estimate put Saudi output at 9.194 million barrels a day in October, up from 8.012 million in September. Separately, Saudi Arabia’s supply-to-market figure was 9.203 million barrels a day for October, compared with 7.988 million in September. The supply-to-market figure is a separate measure from production.

The October production figures therefore differ across the direct report, secondary-source estimate and supply-to-market series. The reported production figure was higher than both of the other measures, which were each near 9.2 million barrels a day.

Across members of the Declaration of Cooperation, crude production totaled 41.230 million barrels a day in October on a secondary-source basis, up from 39.195 million in September.

At an Oct. 12 meeting, OPEC and non-OPEC ministers said interruptions to energy flows had pushed shipping and insurance costs above one-third of commodity value, adding inflationary pressure.