Saudi Arabia boosts July crude output as OPEC production rebounds 1.17 million bpd

Saudi Arabia sharply increased crude output in July, helping drive a broader rebound in OPEC production after several Gulf producers restored supply. Reports based on OPEC data and Reuters estimates say the group’s total output rose by about 1.17 million barrels per day to roughly 19.85 million barrels per day, with Saudi Arabia among the main contributors. The increase comes as OPEC+ continues easing earlier voluntary cuts, making the kingdom’s production decisions especially important for global oil markets and prices.