OPEC Crude Oil production above __ in May?
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OPEC's top rankings announced for April OPEC announced that Saudi Arabia, with a daily production of 6 million 768 thousand barrels, and Iran, with a daily production of 2 million 854 thousand barrels, have taken the first and second place among the members of the Organization of Petroleum Exporting Countries, respectively. Iran's oil production decreased by 211,000 barrels per day in April to 2,854,000 barrels per day. Iran's average daily oil production in 2025 was 3,263,000 barrels and in 2024 it was 3,257,000 barrels. OPEC+ members also produced 14 million 207 thousand barrels per day in April, down 12 thousand barrels from March's 14 million 219 thousand barrels. Kazakhstan, meanwhile, experienced the largest increase in production in April, with 115 thousand barrels per day. Total daily crude oil production by OPEC member countries and its allies in April reached 33 million 190 thousand barrels, a decrease of 1 million 738 thousand barrels compared to March when it was 34 million 929 thousand barrels. According to the latest OPEC monthly report, the price of Iranian heavy crude oil decreased by $21 in April compared to March. The price of Iranian heavy crude oil in April was recorded at $103.10 per barrel, while this figure was $124.10 per barrel in March. The average price of Iranian heavy crude oil in 2025 was $75.41. @YjcNewsChannel
OPEC's top rankings announced for April OPEC announced that Saudi Arabia, with a daily production of 6 million 768 thousand barrels, and Iran, with a daily production of 2 million 854 thousand barrels, have taken the first and second place among the members of the Organization of Petroleum Exporting Countries, respectively. Iran's oil production decreased by 211,000 barrels per day in April to 2,854,000 barrels per day. Iran's average daily oil production in 2025 was 3,263,000 barrels and in 2024 it was 3,257,000 barrels. OPEC+ members also produced 14 million 207 thousand barrels per day in April, down 12 thousand barrels from March's 14 million 219 thousand barrels. Kazakhstan, meanwhile, experienced the largest increase in production in April, with 115 thousand barrels per day. Total daily crude oil production by OPEC member countries and its allies in April reached 33 million 190 thousand barrels, a decrease of 1 million 738 thousand barrels compared to March when it was 34 million 929 thousand barrels. According to the latest OPEC monthly report, the price of Iranian heavy crude oil decreased by $21 in April compared to March. The price of Iranian heavy crude oil in April was recorded at $103.10 per barrel, while this figure was $124.10 per barrel in March. The average price of Iranian heavy crude oil in 2025 was $75.41. @YjcNewsChannel
Iran and Saudi Arabia are the largest OPEC producers in April 2026 Saudi Arabia, with a daily production of 6 million 768 thousand barrels, and Iran, with a daily production of 2 million 854 thousand barrels, occupied the first and second positions in OPEC producers, respectively. Iran's oil production decreased by 211,000 barrels per day in April to 2,854,000 barrels per day. Iran's average daily oil production in 2025 was 3,263,000 barrels and in 2024 it was 3,257,000 barrels. According to the latest OPEC monthly report, the price of Iranian heavy crude oil decreased by $21 in April compared to March. The price of Iranian heavy crude oil in April was recorded at $103.10 per barrel, while this figure was $124.10 per barrel in March. The average price of Iranian heavy crude oil in 2025 was $75.41. shana.ir/news/1883768 @Shananewsroom
Iran and Saudi Arabia are the largest OPEC producers in April 2026 Saudi Arabia, with a daily production of 6 million 768 thousand barrels, and Iran, with a daily production of 2 million 854 thousand barrels, occupied the first and second positions in OPEC producers, respectively. Iran's oil production decreased by 211,000 barrels per day in April to 2,854,000 barrels per day. Iran's average daily oil production in 2025 was 3,263,000 barrels and in 2024 it was 3,257,000 barrels. According to the latest OPEC monthly report, the price of Iranian heavy crude oil decreased by $21 in April compared to March. The price of Iranian heavy crude oil in April was recorded at $103.10 per barrel, while this figure was $124.10 per barrel in March. The average price of Iranian heavy crude oil in 2025 was $75.41. shana.ir/news/1883768 @Shananewsroom
Oil was struggling for direction Thursday as traders weighed OPEC’s lower demand outlook for this year, while the International Energy Agency flagged greater volatility ahead. • • With more than 14 million bpd of supply cut, the overall loss from Gulf producers is now over a billion barrels, the IEA said. • • OPEC production fell by 1.7 million bpd in April and has declined more than 30%, since the war started in late February. • • Click here to read more:
Oil was struggling for direction Thursday as traders weighed OPEC’s lower demand outlook for this year, while the International Energy Agency flagged greater volatility ahead. • • With more than 14 million bpd of supply cut, the overall loss from Gulf producers is now over a billion barrels, the IEA said. • • OPEC production fell by 1.7 million bpd in April and has declined more than 30%, since the war started in late February. • • Click here to read more:
Saudi Arabia's crude oil production fell to its lowest level since 1990 in April, Riyadh reported to the OPEC Secretariat. Production fell by 651 thousand barrels per day to 6.316 million. The drop compared to the February production level was 42%. Saudi Arabia accounted for about half of the total OPEC production decline. The second-largest decline occurred in Kuwait, where production fell by roughly half to 600,000 barrels per day. Kuwait now produces less than a quarter of its pre-war level. Max | Telegram | Newsletter | iOS App | Android
Saudi Arabia's crude oil production fell to its lowest level since 1990 in April, Riyadh reported to the OPEC Secretariat. Production fell by 651 thousand barrels per day to 6.316 million. The drop compared to the February production level was 42%. Saudi Arabia accounted for about half of the total OPEC production decline. The second-largest decline occurred in Kuwait, where production fell by roughly half to 600,000 barrels per day. Kuwait now produces less than a quarter of its pre-war level. Max | Telegram | Newsletter | iOS App | Android
OPEC oil production drops considerably According to a report presented by the Organization of the Petroleum Exporting Countries and independent suppliers (OPEC+), oil production fell by 1.74 million barrels per day (mb/d) in April of this year, standing at 9,906 mb/d below the target.
OPEC oil production drops considerably According to a report presented by the Organization of the Petroleum Exporting Countries and independent suppliers (OPEC+), oil production fell by 1.74 million barrels per day (mb/d) in April of this year, standing at 9,906 mb/d below the target.
Saudi Arabia's supply to the market was 10,111 tb/d in February 2026, 7,763 tb/d in March 2026, and 6,879 tb/d in April 2026. Saudi Arabia's production was 10,882 tb/d in February 2026, 6,967 tb/d in March 2026, and 6,316 tb/d in April 2026. • • direct reporting to @OPECSecretariat • #oott
#OPEC May oil market report • • oil demand growth in mbpd • 2026 cut from 1.38 to 1.17 • 2027 raised from 1.34 to 1.54 • • non-OPEC+ supply growth in mbpd • 2026 unchanged at 0.63 • 2027 unchanged at 0.62 • • OPEC+ crude production fell by 1.738mbpd m/m to 33.190mbpd in April based on secondary sources #oott
#OPEC May oil market report • • oil demand growth in mbpd • 2026 cut from 1.38 to 1.17 • 2027 raised from 1.34 to 1.54 • • non-OPEC+ supply growth in mbpd • 2026 unchanged at 0.63 • 2027 unchanged at 0.62 • • OPEC+ crude production fell by 1.738mbpd m/m to 33.190mbpd in April based on secondary sources #oott
SAUDIS TELL OPEC THAT OIL OUTPUT SANK AGAIN TO LOWEST SINCE 1990
SAUDIS TELL OPEC THAT OIL OUTPUT SANK AGAIN TO LOWEST SINCE 1990
SAUDIS TELL OPEC THAT OIL OUTPUT SANK AGAIN TO LOWEST SINCE 1990 ...
SAUDIS TELL OPEC THAT OIL OUTPUT SANK AGAIN TO LOWEST SINCE 1990 ...
#OOTT OPEC CUTS 2026 GLOBAL OIL DEMAND GROWTH FORECAST TO 1.17 MILLION BPD (PREV. FORECAST 1.38 MILLION BPD), COPY OF MONTHLY REPORT SEEN BY RTRS SHOWS • SEES WORLD OIL DEMAND IN Q2 2026 AT 104.57 MILLION BPD (VS. 105.07 MILLION BPD PREV. FORECAST) • RAISES 2027 GLOBAL OIL DEMAND GROWTH FORECAST TO 1.54 MILLION BPD (PREV. FORECAST 1.34 MILLION BPD) • SAYS OPEC+ CRUDE OUTPUT AVERAGED 33.19 MILLION BPD IN APRIL 2026, DOWN 1.74 MILLION BPD FROM MARCH, AS IRAN WAR PROMPTED MIDDLE EAST MEMBERS TO CUT OUTPUT • ...
#OOTT OPEC CUTS 2026 GLOBAL OIL DEMAND GROWTH FORECAST TO 1.17 MILLION BPD (PREV. FORECAST 1.38 MILLION BPD), COPY OF MONTHLY REPORT SEEN BY RTRS SHOWS • SEES WORLD OIL DEMAND IN Q2 2026 AT 104.57 MILLION BPD (VS. 105.07 MILLION BPD PREV. FORECAST) • RAISES 2027 GLOBAL OIL DEMAND GROWTH FORECAST TO 1.54 MILLION BPD (PREV. FORECAST 1.34 MILLION BPD) • SAYS OPEC+ CRUDE OUTPUT AVERAGED 33.19 MILLION BPD IN APRIL 2026, DOWN 1.74 MILLION BPD FROM MARCH, AS IRAN WAR PROMPTED MIDDLE EAST MEMBERS TO CUT OUTPUT • ...
SAUDIS TELL OPEC THAT OIL OUTPUT SANK AGAIN TO LOWEST SINCE 1990
SAUDIS TELL OPEC THAT OIL OUTPUT SANK AGAIN TO LOWEST SINCE 1990
#OOTT Opec Cuts 2026 Global Oil Demand Growth Forecast To 1.17 Million Bpd (Prev. Forecast 1.38 Million Bpd), Copy Of Monthly Report Seen By RTRS Shows • Sees World Oil Demand In Q2 2026 At 104.57 Million Bpd (Vs. 105.07 Million Bpd Prev. Forecast) • Raises 2027 Global Oil Demand Growth Forecast To 1.54 Million Bpd (Prev. Forecast 1.34 Million Bpd) • Says Opec+ Crude Output Averaged 33.19 Million Bpd In April 2026, Down 1.74 Million Bpd From March, As Iran War Prompted Middle East Members To Cut Output •
OPEC Monthly Oil Report (MOMR): Production was lowest in >35 years
OPEC Monthly Oil Report (MOMR): Production was lowest in >35 years
*SAUDIS TELL OPEC THAT OIL OUTPUT SANK TO LOWEST SINCE 1990
*SAUDIS TELL OPEC THAT OIL OUTPUT SANK TO LOWEST SINCE 1990
URGENT OPEC+ oil production fell by another 1.74 million bpd in April, falling 9.9 million bpd below target - OPEC
URGENT OPEC+ oil production fell by another 1.74 million bpd in April, falling 9.9 million bpd below target - OPEC
OPEC+ oil production fell by 1.74 million barrels per day in April compared to March, to 33.19 million barrels per day, according to OPEC reports.
OPEC+ oil production fell by 1.74 million barrels per day in April compared to March, to 33.19 million barrels per day, according to OPEC reports.
What is this event about?
This market will resolve to “Yes” if OPEC crude oil production (barrels per day) for the month of May, 2026, as reported in the June 2026 OPEC Monthly Oil Market Report, is above the listed amount. Otherwise, this market will resolve to “No”.
The June 2026 OPEC Monthly Oil Market Report is scheduled to be published on June 11, 2026
The relevant figure is the Total OPEC crude oil production for the month of May 2026, as reported by secondary sources. This figure is typically published in thousands of barrels per day in the row labeled “Total OPEC” of Table 5-7 of the OPEC Monthly Oil Market Report (DoC crude oil production based on secondary sources, tb/d). The figure will be converted to barrels per day for resolution.
Crude oil production for non-OPEC (including OPEC+) countries will not be considered.
If the OPEC Monthly Oil Market Report for June 2026 is not released by June 30, 2026, 11:59PM ET, or if it is released and the relevant data is not included, this market will resolve to “No”.
The resolution source for this market will be the June 2026 OPEC Monthly Oil Market Report, typically published at https://www.opec.org/monthly-oil-market-report.html.
Note: this market’s resolution source publishes crude oil production in thousands of barrels per day. Thus, this is the level of specificity that will be used to resolve this market.