‎Saudi Arabia confirms full compliance with OPEC+ agreement

‎Saudi Arabia confirms full compliance with OPEC+ agreement ‎Saudi Arabia confirms full compliance with OPEC+ agreement

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Logo of the Ministry of Energy

The Ministry of Energy confirmed that Saudi Arabia remains fully compliant with the OPEC+ agreement. The marketed crude oil supply in June averaged 9.352 million barrels per day (bpd).

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The figure reflects full compliance with the agreed quota.

Amid elevated geopolitical tensions, the Kingdom emphasized that it acted prudently and preemptively in managing its energy output.

The Ministry described Saudi Arabia’s role as that of a reliable, transparent, and dependable energy supplier, reinforcing the country’s efforts to enhance supply chain resilience and support global energy security.

Although crude production briefly surpassed marketed supply, the additional volumes were not sold either domestically or internationally. Instead, they were managed as part of a broader contingency strategy.

 

Logo of the Ministry of Energy

The Ministry of Energy confirmed that Saudi Arabia remains fully compliant with the OPEC+ agreement. The marketed crude oil supply in June averaged 9.352 million barrels per day (bpd).

The figure reflects full compliance with the agreed quota.

Amid elevated geopolitical tensions, the Kingdom emphasized that it acted prudently and preemptively in managing its energy output.

The Ministry described Saudi Arabia’s role as that of a reliable, transparent, and dependable energy supplier, reinforcing the country’s efforts to enhance supply chain resilience and support global energy security.

Although crude production briefly surpassed marketed supply, the additional volumes were not sold either domestically or internationally. Instead, they were managed as part of a broader contingency strategy.

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