Saudi Arabia’s crude oil production rose by 2.134 million barrels per day to 8.372 million barrels in September 2026, recovering from a more than 30-year low as more tankers transported oil through the Strait of Hormuz. Despite the rebound, output remains below pre-conflict levels. Saudi Arabia expanded tanker shuttle operations, moving crude through the strait to vessels waiting near the UAE and Oman for onward transport. These shipments more than offset reduced loadings at Yanbu on the Red Sea, after an attack damaged the pipeline supplying the export terminal on September 10. However, the durability of the recovery remains uncertain. Recent Iranian attacks on tankers passing through the strait, alongside escalating Houthi hostilities, have renewed concerns over shipping security and the risk of further disruptions to regional oil supplies. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Saudi Arabia increased to 8372 BBL/D/1K in September from 6238 BBL/D/1K in August of 2026. Crude Oil Production in Saudi Arabia averaged 8295.64 BBL/D/1K from 1973 until 2026, reaching an all time high of 12007.00 BBL/D/1K in April of 2020 and a record low of 2340.00 BBL/D/1K in August of 1985. This page provides the latest reported value for - Saudi Arabia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Saudi Arabia Crude Oil Production - values, historical data and charts - was last updated on October of 2026.

Crude Oil Production in Saudi Arabia increased to 8372 BBL/D/1K in September from 6238 BBL/D/1K in August of 2026. Crude Oil Production in Saudi Arabia is expected to be 9000.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Crude Oil Production is projected to trend around 10500.00 BBL/D/1K in 2027 and 10800.00 BBL/D/1K in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 14363.30 16625.80 SAR Million Jul 2026
Capital Flows -8560.11 -1091.87 USD Million Jun 2026
Crude Oil Production 8372.00 6238.00 BBL/D/1K Sep 2026
Current Account -9473.14 4114.24 USD Million Jun 2026
Current Account to GDP -2.70 -0.50 percent of GDP Dec 2025
Exports 84378.60 88076.40 SAR Million Jul 2026
Exports by Category
Exports by Country
Foreign Direct Investment 5092.00 6156.27 USD Million Jun 2026
Gold Reserves 323.07 323.07 Tonnes Mar 2026
Imports 70015.30 71450.50 SAR Million Jul 2026
Imports by Category
Imports by Country
Non Oil Exports 15488.00 15479.00 SAR Million Jul 2026
Oil Exports 59888.00 63177.00 SAR Million Jul 2026
Remittances 18206.00 17290.00 USD Million Jun 2026
Terrorism Index 0.44 0.85 Points Dec 2025
Tourism Revenues 159.86 153.61 SAR Billion Dec 2025
Tourist Arrivals 30.00 29.70 Million Dec 2025


Saudi Arabia Crude Oil Production
Saudi Arabia, is the world’s largest oil exporter, accounting for 10 percent of global oil supply.
Actual Previous Highest Lowest Dates Unit Frequency
8372.00 6238.00 12007.00 2340.00 1973 - 2026 BBL/D/1K Monthly
NSA

News Stream
Saudi Arabia Crude Oil Production Recovers in September
Saudi Arabia’s crude oil production rose by 2.134 million barrels per day to 8.372 million barrels in September 2026, recovering from a more than 30-year low as more tankers transported oil through the Strait of Hormuz. Despite the rebound, output remains below pre-conflict levels. Saudi Arabia expanded tanker shuttle operations, moving crude through the strait to vessels waiting near the UAE and Oman for onward transport. These shipments more than offset reduced loadings at Yanbu on the Red Sea, after an attack damaged the pipeline supplying the export terminal on September 10. However, the durability of the recovery remains uncertain. Recent Iranian attacks on tankers passing through the strait, alongside escalating Houthi hostilities, have renewed concerns over shipping security and the risk of further disruptions to regional oil supplies.
2026-10-13
Saudi Arabia Oil Production Lowest Since 1990
Saudi Arabia’s crude oil production fell by 1.9 million barrels a day to 6.238 million barrels a day in August 2026, its lowest level since 1990, as the conflict between the US and Iran intensified. Despite the steep fall in output, Saudi Arabia’s oil supply to the market reached 7.122 million barrels a day in August, exceeding production. The gap suggests the kingdom may have relied on inventories to maintain oil supplies to the market amid ongoing disruptions.
2026-09-10
Saudi Arabia Oil Output Lowest since 2020
Saudi Arabia’s oil supply to the market fell to 7,763 thousand barrels per day in March 2026, the lowest since June 2020, down by 2,348 tb/d from 10,111 tb/d in February, according to OPEC data, as the Middle East conflict severely disrupted exports. Production also dropped to 6,967 tb/d from 10,882 tb/d. Similar declines were seen across the region, with Iraq’s supply falling to 1,906 tb/d from 4,140 tb/d, Kuwait to 1,200 tb/d from 2,580 tb/d, and the UAE to 1,908 tb/d from 3,390 tb/d. The six-week closure of the Strait of Hormuz has forced producers to curb output, tightening global supply. Tensions escalated further after US President Donald Trump threatened to block Iranian flows following failed talks, prompting warnings of retaliation from Tehran. OPEC cut its global demand outlook for the second quarter by 500,000 barrels per day, while maintaining its full-year forecast, with producers set to review output plans again on May 3.
2026-04-13