OPEC Oil Production Falls to Lowest Level Since 2000

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• Free Analysis Rule Based Analysis not AI OIL Bearish 60% 6h
  Generated → 6h → Excluded

  Expired: not evaluated within 7 days of its 6h timeframe elapsing

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Original source

Crude oil production among members of OPEC has this year collapsed to a generational low, at just 16.13 million barrels daily, Reuters reported, citing a regular survey it conducts on OPEC production. The amount is the lowest since 2000, the publication noted. The May average is also lower than OPEC production at the height of the Covid lockdowns, when the reduction was prompted by the collapse in demand as a result of the lockdowns. It is worth noting, however, that the May OPEC figure excludes the UAE, which left the group as of the first of…

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Original article published by OilPrice.com on June 11, 2026. Analysis and insights provided by AnalystMarkets AI.

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