Saudi Arabia increases oil output by 500,000 barrels per day by Octob…

In response to sustained high prices and to stabilize markets, Saudi Arabia will increase its oil production by at least 500,000 barrels per day by October 2026. This move will be coordinated with key OPEC+ allies to mitigate supply risks from the Strait of Hormuz disruptions.

macro · Prediction Market

Implied probability (Yes)

60%

Closes

2026-10-31

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