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Energy

Iraqi production declines in February on Rumaila accident

Nationwide output fell by about 60,000 bpd, but appears set to rebound as Iraq's most prolific field recovers from a damaging fire.

Iraqi Oil Minister Hayyan Abdulghani (center left, red tie) visits the Rumaila oil field on March 2, 2025. (Photo credit: Oil Ministry)

August production edges higher

Nationwide production topped 4.7 million bpd for the second straight month — the highest output since 2019.

July crude output rises by 100,000 bpd

Production increased sharply at key southern fields but infrastructure bottlenecks still limit Iraq's ability to take advantage of rising OPEC quotas.