Event
Energy
Saudi Arabia's oil production falls to 30-year low
3 sourcesPublished · Updated
Saudi Arabia reported a sharp decline in oil production, dropping to 6.238 million barrels per day, the lowest level since 1990. In August, crude oil supply decreased by 2.3 million barrels per day compared to July. The reduction occurred amid attacks in the region.
Key facts
- Oil production fell to 6.238 million barrels per day
- Decrease of 1.9 million barrels per day
- Lowest level since 1990
- Supply dropped by 2.3 million barrels in August
- Houthi attacks on oil facilities
Saudi Arabia · OPEC · International Energy Agency · Yemen · Jizan · Bab-el-Mandeb
Sources3
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