FX.co ★ OPEC Crude Oil Production Rises Slightly to 8.98M Barrels; Saudi Arabia Reports

In the latest update on OPEC crude oil production, Saudi Arabia has reported a slight increase in production to 8.98 million barrels. This is a slight uptick from the previous indicator which stood at 8.97 million barrels. The data, last updated on April 1, 2024, indicates a marginal rise in production levels. As one of the leading producers in the OPEC alliance, Saudi Arabia's output plays a significant role in global oil markets. The small increase in production could have implications for oil prices and market dynamics as global demand continues to evolve. Investors and stakeholders will be closely monitoring these developments as they unfold.