UPDATE: Iraq production rises in December, capping an OPEC-constrained year
After a record-setting 2019, annual oil output fell by about 760,000 bpd as Iraq made extraordinary cuts to help support global prices.
The Iraqi Drilling Company completes drilling at the Gharraf oil field, Dec. 6, 2020. (STAFF/Iraq Oil Report)
UPDATE: This story has been updated to reflect a new production estimate, which was revised upward based on new reporting.
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