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OPEC+ Keeps Oil Output Targets Steady as Saudi Cuts Asia Prices to Six-Year Lows

Summary by Global Business Outlook
In August, the seven core OPEC+ members pumped 25 million barrels per day, up 630,000 bpd from July, yet still roughly five million bpd below prewar levels in February, ⁠OPEC data shows.

4 Articles

mannheim24.demannheim24.de
Center

Three Dollars Surcharge for Europe: Saudi Arabia Sends Cheap Oil to Asia – and Lets Us Pay on It

Saudi Arabia lowers oil prices for Asia to a six-year low. Europe will pay three dollars more per barrel in the future.

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FOCUS onlineFOCUS online
Lean Right

Saudi Arabia Lowers Oil Price for Asia to Six-Year Low – and Increases It for Northern Europe

Saudi Arabia is again supplying more oil, although there are tensions in the Gulf. Asia is supposed to pay much less. Saudi oil is becoming more expensive for Europe.

·Berlin, Germany
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TokenPostTokenPost

Aramco Sets Asian Crude Selling Price at Six-Year Low

Brent was down more than 2% intraday at $97.45 per barrel when reported, while WTI fell nearly 2% to $86.81.

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Global Business OutlookGlobal Business Outlook

OPEC+ keeps oil output targets steady as Saudi cuts Asia prices to six-year lows

In August, the seven core OPEC+ members pumped 25 million barrels per day, up 630,000 bpd from July, yet still roughly five million bpd below prewar levels in February, ⁠OPEC data shows.

Read Full Article
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Global Business Outlook broke the news on Tuesday, October 6, 2026.
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