# Iraq's oil output climbs to its highest since 2019, above its OPEC+ target, as Gulf flows recover

> The IEA estimates Iraq produced 4.6 million barrels a day in October, up 540,000 from September and the highest since 2019. Output is about 170,000 barrels a day above Iraq's implied OPEC+ target, and Gulf exports excluding Oman reached 18.4 million barrels a day, still 26% below pre-war levels.

- Date: 2026-11-14 · published 2026-11-15T00:11:36.657Z
- Category: report · region Iraq · magnitude medium
- Page: https://feedsoft.ai/events/100206-iraq-s-oil-output-climbs-to-its-highest-since-2019-above-its-opec-target-as
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Rising Gulf crude flows add supply to the market and pressure oil prices lower, which lowers diesel and energy costs for feed mills. Continued quota overproduction would reinforce a softer price trend.

## Read by commodity

- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-08-31 | [OPEC oil output rises in August as Iran hits 2018 high, Reuters survey finds \| Reuters](https://feedsoft.ai/events/34490-opec-oil-output-rises-in-august-as-iran-hits-2018-high-reuters-survey-finds.md) | +5.7% | +12.3% |
| BRENT | 2018-08-31 | [OPEC August oil output hits 2018 high despite Iran losses: Reuters survey \| Reuters](https://feedsoft.ai/events/63440-opec-august-oil-output-hits-2018-high-despite-iran-losses-reuters-survey-reuters.md) | -1.7% | +5.5% |
| BRENT | 2018-10-11 | [OPEC hikes oil output in September as Iran's production falls](https://feedsoft.ai/events/62459-opec-hikes-oil-output-in-september-as-iran-s-production-falls.md) | -4.2% | -14.8% |
| BRENT | 2025-03-03 | [OPEC Oil Output Rises to One-Year High, Driven by Gains in Iraq, Venezuela, UAE - Bloomberg](https://feedsoft.ai/events/25488-opec-oil-output-rises-to-one-year-high-driven-by-gains-in-iraq-venezuela-uae.md) | -3.4% | +0.3% |
| BRENT | 2019-08-16 | [OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus](https://feedsoft.ai/events/57507-opec-sees-bearish-oil-outlook-for-rest-of-2019-points-to-2020-surplus.md) | +3.6% | +4.8% |

## Sources

- mlq.ai: https://mlq.ai/news/iraqs-oil-output-climbs-to-its-highest-since-2019-above-its-opec-target-as-gulf-flows-recover/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.