# Iraq's OPEC output rises

> Iraq had the second-largest increase in crude oil production among OPEC members in October, while Saudi Arabia led the group's output recovery. Brent traded near $98 a barrel and was on track for its steepest weekly decline since 2020.

- Date: 2026-11-06 · published 2026-11-06T21:17:58.449Z
- Category: market · region OPEC · magnitude low
- Page: https://feedsoft.ai/events/84942-iraq-s-opec-output-rises
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher Iraqi and Saudi production adds to available crude supply, putting downward pressure on oil prices, though wider geopolitical and shipping risks may offset some of that effect.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- jarayid.com: https://jarayid.com/en/iraq/2031398/iraqs-opec-output-rises

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