Thursday, August 20, 2026
OPEC output suffers biggest drop in 16 years on Saudi attacks - Oil and Gas 360

OPEC output suffers biggest drop in 16 years on Saudi attacks

From The Houston Chronicle OPEC’s oil production tumbled the most in 16 years last month after an attack on Saudi Arabia’s energy facilities temporarily halved output in the world’s biggest crude exporter. Supplies from the cartel’s 14 members plunged by 1.59 million barrels a day to 28.32 million a day, according to a Bloomberg survey of officials, ship-tracking data and