# Iraq presses OPEC to lift its 4.431 million bpd export quota for 2027 as October exports average 3.5 million bpd

> Iraq is discussing with OPEC a higher production ceiling for 2027 than its current 4.431 million barrels per day quota. Its October crude exports averaged about 3.5 million bpd, while officials say the country aims to expand production capacity over the coming years.

- Date: 2026-11-11 · published 2026-11-11T09:27:20.714Z
- Category: policy · region Iraq · magnitude low
- Page: https://feedsoft.ai/events/93370-iraq-presses-opec-to-lift-its-4-431-million-bpd-export-quota-for-2027-as
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A higher future quota could enable more Iraqi crude exports and add to global supply, putting downward pressure on oil prices if capacity and export infrastructure allow the increase.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-07-18 | [OPEC+ Agrees to 100,000 bpd Oil Production Increase for September](https://feedsoft.ai/events/40406-opec-agrees-to-100-000-bpd-oil-production-increase-for-september.md) | -2.2% | -5.0% |
| WTI | 2019-11-06 | [Oil markets fall as it is reported that OPEC+ members are not looking for another production cut — Octa](https://feedsoft.ai/events/56236-oil-markets-fall-as-it-is-reported-that-opec-members-are-not-looking-for.md) | -0.7% | +2.4% |
| WTI | 2026-07-05 | [OPEC+ approves further oil output increase as Hormuz exports start to recover \| Reuters](https://feedsoft.ai/events/18249-opec-approves-further-oil-output-increase-as-hormuz-exports-start-to-recover.md) | +3.9% | +23.4% |
| WTI | 2025-10-03 | [OPEC+ agrees to modest oil production increase for November](https://feedsoft.ai/events/22305-opec-agrees-to-modest-oil-production-increase-for-november.md) | +1.7% | +0.1% |
| WTI | 2017-05-25 | [OPEC and non-OPEC members agree to extend production cuts for nine months](https://feedsoft.ai/events/70928-opec-and-non-opec-members-agree-to-extend-production-cuts-for-nine-months.md) | -5.4% | -16.7% |
| BRENT | 2022-07-18 | [OPEC+ Agrees to 100,000 bpd Oil Production Increase for September](https://feedsoft.ai/events/40406-opec-agrees-to-100-000-bpd-oil-production-increase-for-september.md) | -1.5% | -5.3% |
| BRENT | 2019-11-06 | [Oil markets fall as it is reported that OPEC+ members are not looking for another production cut — Octa](https://feedsoft.ai/events/56236-oil-markets-fall-as-it-is-reported-that-opec-members-are-not-looking-for.md) | -1.1% | -1.5% |
| BRENT | 2026-07-05 | [OPEC+ approves further oil output increase as Hormuz exports start to recover \| Reuters](https://feedsoft.ai/events/18249-opec-approves-further-oil-output-increase-as-hormuz-exports-start-to-recover.md) | +7.0% | +33.1% |

## Sources

- energyreader.io: https://energyreader.io/brief/18775

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