OPEC+ output up 2.04 mb/d to 41.23 mb/d in October, Saudi self-reports 10.563 mb/d
OPEC MOMR reports OPEC+ at 41.23 mb/d in October, a +2.04 mb/d monthly increase. Saudi self-report for October is 10.563 mb/d.
- Urgency
- L3
- 76
- 80
- 70
- 60
- 90
At a glance
OPEC's November Monthly Oil Market Report, published 11 November 2026, shows OPEC+ crude output rose to 41.23 million barrels per day in October, up about 2.04 million bpd from September. Saudi Arabia told OPEC it pumped 10.563 million bpd in October, up from 8.372 million bpd in September. Market participants should await reconciliation between self-reported and secondary-source estimates and observable flow data to confirm how much of the increase reached global markets.
- OPEC MOMR reports OPEC+ at 41.23 mb/d in October, a +2.04 mb/d monthly increase. Saudi self-report for October is 10.563 mb/d.
CHRONOS Wire · November 12 · Alert 7
What happened
OPEC+ reported that total crude production rose by about 2.04 million barrels per day in October to 41.23 million bpd, and Saudi Arabia told OPEC it produced 10.563 million bpd in October.
Why it matters
The OPEC MOMR and Saudi submission published 11 Nov 2026 show a large month-on-month reported increase in October supplies, which market participants will seek to reconcile with flows and secondary-source estimates over the coming days.
CHRONOS Bottom Line
OPEC+ reported a roughly 2.04 mb/d month-on-month increase in October production to 41.23 mb/d, with Saudi Arabia self-reporting 10.563 mb/d for October; market participants should watch for official reconciliations and flow data to determine how much of that output reached global markets.
Full detail
What changed
OPEC's November Monthly Oil Market Report (reported 11–12 Nov 2026) shows OPEC+ production rose to 41.23 million barrels per day in October, a 2.04 mb/d month-on-month increase. Saudi Arabia self-reported October output of 10.563 mb/d, up from 8.372 mb/d in September.
What is genuinely new
OPEC's November MOMR published 11 Nov 2026 reports OPEC+ crude output of 41.23 mb/d in October, a 2.04 mb/d increase month-on-month. Separately, Saudi Arabia notified OPEC it pumped 10.563 mb/d in October.
Detailed analysis
OPEC's MOMR (11 Nov 2026) and reporting outlets cite a month-on-month rise in OPEC+ production of about 2.04 mb/d to 41.23 mb/d for October. Saudi Arabia's submission to OPEC shows October output of 10.563 mb/d versus 8.372 mb/d in September. Reconciliation between member self-reports and OPEC secondary-source estimates will determine the extent to which the recorded increase represents additional marketed crude versus reporting or stock movements.
U.S. Impact
U.S. Impact assessment pending.