https://www.live-feeds.com/feed/saudis-tell-opec-that-output-slumped-again-to-lowest-since-1990Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/saudis-tell-opec-that-output-slumped-again-to-lowest-since-1990https://www.live-feeds.com/feed/saudis-tell-opec-that-output-slumped-again-to-lowest-since-1990#u65898Sat, 12 Sep 2026 06:32:13 +0000Saudi Arabia reported to OPEC that oil output fell to 6.24 million barrels per day in August, the lowest level in three decades. Production dropped from over 10 million barrels per day prior to the start of the war with Iran. This slump results from the closure of shipping routes and disruptions to vital export paths caused by the US-Iran war and Houthi threats in the Red Sea. A Reuters survey confirms that overall OPEC oil output also declined during August.Why it mattersSaudi Arabia is a primary driver of global oil supply and OPEC policy. The current production crash threatens global energy