On May 6 (US time), according to a report from Bloomberg, oil production in OPEC countries fell to its lowest level in 36 years.
According to Bloomberg, in April 2026, OPEC oil production decreased by about 420,000 barrels/day. The bloc's total production reached only about 20.55 million barrels/day.
Bloomberg said this decrease is mainly related to the conflict in the Middle East, a region that plays an important role in global oil supplies. Prolonged tensions have affected oil exploitation, transportation and trading activities in the international market.
According to the assessment of this news agency, this is one of the largest disruptions ever recorded in the oil market. The supply shortage has caused the prices of fuels such as gasoline, aviation fuel and diesel to increase sharply.
The above developments increase concerns about a new wave of inflation. Rising fuel prices often lead to increased transportation, production and consumption costs, thereby creating more pressure on economies already affected by geopolitical instability.
Bloomberg also warned that if supply disruptions continue to prolong, the risk of global economic recession may increase. Oil is still an important input for many economic sectors, from transportation, industry to logistics and aviation.
OPEC is a group of major oil exporting countries, which has a significant impact on world oil supply and demand and prices. Therefore, production fluctuations of this bloc are often closely monitored by the market, especially in the context of tensions in the Middle East directly affecting important energy transport routes.
It is not yet clear whether OPEC's oil production can recover in a short time. However, the drop to a 36-year low shows that the current energy crisis is still putting great pressure on the oil market and economies dependent on imported fuels.
