Iraqi oil production rises despite OPEC pressure to cut

Iraq increased oil production in August by about 160,000 barrels per day (bpd), despite pressure from OPEC to make further cuts.

Countrywide output averaged 3.89 million bpd in August, according to an Iraq Oil Report analysis based on data gathered from every producing field managed by both the federal Oil Ministry and the semi-autonomous Kurdistan Regional Government (KRG) — the first time month-on-month production has risen this year.