B · Normal
[Iraq is seeking to significantly increase its oil production quota during OPEC+ verification] On September 9, people familiar with the matter revealed that as the Organization of the Petroleum Exporting Countries and its allies assess the production capacity of each member country and determine the oil production limit of each country next year, Iraq is seeking to significantly increase its own oil production quota. Unnamed sources said that as the organization's second-largest oil producer, Iraq hopes to set its future production target at 6 million barrels per day, a significant increase from the current benchmark level. The relevant process is still confidential, and the Iraqi Oil Ministry did not respond to a request for comment.
Futures Market Intelligence 🕐 2026-09-09 13:12

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