Trump's art of the OPEC deal

Bahrain is one of the Middle East's smallest oil and gas producers. Production comes from just one field - the onshore Bahrain Field (also known as Awali) - which was discovered and brought onstream in 1932. Bahrain also receives a 50% share of production from the Abu Sa'fah field in Saudi Arabia. Bahrain's combined output from these fields is around 450,000 boe/d, roughly split 50:50 between liquids and gas. Bahrain is not a member of OPEC but it is voluntarily participating in ...

Saudi Arabia has an estimated oil production capacity of 12.25 million b/d. Saudi Arabia is OPEC's largest and most-influential member, and it plays a key role in adjusting production in response to market conditions. From 2017 to 2021, oil production has averaged 9.7 million b/d, but it has ranged from 12 million b/d when an earlier OPEC+ agreement ended to 7.5 million b/d when Saudi Arabia made additional voluntary cuts at the peak of the coronavirus crisis. Production is being ...