According to the results of a new Reuters poll, OPEC oil output increased in October. This production increase was mainly led by Saudi Arabia, Kuwait and Iraq, despite the severe pressure on exports caused by the Iran war and the blockade of Iranian oil shipments by the United States.
This statistical review shows that the crude oil output of 11 OPEC companies reached 22.87 million barrels per day with an increase of 1.38 million barrels per day compared to the previous month.
However, October production still represents about 90% of February's production level of 25.48 million barrels per day; That is, the last month before the start of the war between America and Israel with Iran, which disrupted the export and production of oil in the region.