# Iraq's oil output hits highest level since 2019, running above its OPEC+ target, IEA says

> 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.

- Date: 2026-11-13 · published 2026-11-13T15:13:20.779Z
- Category: report · region Iraq · magnitude low
- Page: https://feedsoft.ai/events/98028-iraq-s-oil-output-hits-highest-level-since-2019-running-above-its-opec-target
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Extra Iraqi barrels add to supply as Gulf flows recover, which weighs on crude prices and eases tightness in the market.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2025-10-01 | [World oil market to see higher surplus after OPEC+ hike, IEA says](https://feedsoft.ai/events/22773-world-oil-market-to-see-higher-surplus-after-opec-hike-iea-says.md) | -2.2% | -5.2% |
| 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% |
| WTI | 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) | -3.6% | +4.2% |
| WTI | 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) | +6.4% | +12.3% |
| WTI | 2025-10-01 | [World oil market to see higher surplus after OPEC+ hike, IEA says](https://feedsoft.ai/events/22773-world-oil-market-to-see-higher-surplus-after-opec-hike-iea-says.md) | -1.0% | -3.5% |

## Sources

- theinsightinternational.com: https://theinsightinternational.com/iraq-oil-output-highest-since-2019-above-opec-target-iea/

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