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OPEC February 2026 production

OPEC confirms major Saudi oil production hike

March 12, 2026 by Attia Naveed

The OPEC said on Wednesday that Saudi Arabia sharply increased oil production in February ahead of US and Israeli strikes on Iran. The kingdom’s output reached 10.882 million barrels per day, up from 10.10 million in January. OPEC kept its demand growth forecasts steady. Sources familiar with Saudi plans said the increase was a contingency […]

Filed Under: Business Tagged With: global oil demand forecast 2026, Iran war oil impact, Latest, OPEC February 2026 production, OPEC Saudi oil increase, OPEC+ production update., Saudi Arabia oil output

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