OPEC: Iraq to increase oil production in September
OPEC: Iraq to increase oil production in September
8-3-2025
Information/Follow-up..
OPEC announced today, Sunday, that Iraq will increase its oil production in September to reach 4 million and 220 thousand barrels per day, excluding compensation plans.
The organization explained that this increase is part of the commitments Iraq is taking to achieve its production targets, noting that this number will be expected to increase according to future developments in the market.
The increase in Iraqi production comes after OPEC reports of increased demand for oil, which prompted member states, including Iraq, to increase production. This increase will coincide with the fall season, when changes are expected in the oil market due to seasonal demand for energy.
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