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Iraq pumped 4.6 million barrels a day of crude in October, its highest since September 2019, according to the IEA's monthly oil market report. That is above the implied OPEC+ target of 4.43 million barrels a day, and Iraq's own OPEC data shows about 4.89 million.
Extra Iraqi barrels add to supply as Gulf flows recover, which weighs on crude prices and eases tightness in the market.
theinsightinternational.comInsight InternationalNov 13, 2026After 129 past bearish report events, Crude Oil (Brent) moved a median -1.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.4% over 20.
After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
