140,000 barrels decline in Kuwait's oil production

Kuwait’s crude oil production in September 2026 fell by 140,000 barrels per day to 1.77 million barrels, down from 1.91 million barrels in the previous month of August. This decline, according to the monthly report issued by the Organization of the Petroleum Exporting Countries (OPEC), follows four consecutive monthly production increases that Kuwait began in May 2025. The report revealed that Kuwait ranked fifth in terms of production, while Saudi Arabia topped the list with more than 8 million barrels per day, followed by Iraq with 3.92 million barrels per day, the United Arab Emirates with 3.92 million barrels per day, and Iran with 1.96 million barrels per day. Kuwait led the daily oil production cuts in September, followed by five other members, while six other countries increased their daily oil output, led by Saudi Arabia with 744,000 barrels. On the level of total production by all twelve OPEC members, daily output rose by 920,000 barrels to 25.1 million barrels in September 2026, compared to 24.18 million barrels in the previous month.