Saudi oil output rises to 8mbpd; business activity strengthens

Saudi Arabia's crude oil production rose to 8 million barrels per day (mbpd) in September 2026, an increase of 12.2% month-on-month, while Brent crude prices settled at $103.5 per barrel at the end of the month, according to Al Rajhi Capital Research. The increase in oil output, alongside elevated crude prices amid ongoing geopolitical tensions, ...