# Iraq's Oil Production Soars to 2019 High as Hormuz Flows Surge

> Iraq's crude output reached 4.6 million bpd in October, its highest since 2019, according to the IEA's November Oil Market Report. Kuwait and Saudi Arabia also increased output as more crude moved out of the Strait of Hormuz on smaller tankers.

- Date: 2026-11-13 · published 2026-11-13T18:13:40.771Z
- Category: macro · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/98159-iraq-s-oil-production-soars-to-2019-high-as-hormuz-flows-surge
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher Gulf output and freer Hormuz flows add supply to the market, which tends to weigh on crude and diesel prices and ease energy costs for feed producers.

## Read by commodity

- BRENT: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-06-24 | [Oil curve points to near-term glut as Hormuz flows rise \| Reuters](https://feedsoft.ai/events/18985-oil-curve-points-to-near-term-glut-as-hormuz-flows-rise-reuters.md) | -6.2% | +21.0% |
| BRENT | 2025-04-04 | [Oil falls to near 4-year low amid recession fears, OPEC+ production hikes](https://feedsoft.ai/events/7295-oil-falls-to-near-4-year-low-amid-recession-fears-opec-production-hikes.md) | -9.8% | -13.9% |
| BRENT | 2023-04-27 | [Oil market has absorbed surprise production cut by OPEC+](https://feedsoft.ai/events/36572-oil-market-has-absorbed-surprise-production-cut-by-opec.md) | -7.4% | -0.3% |
| BRENT | 2025-11-28 | [OPEC+ confirms plan to pause production hikes in early 2026 amid surplus concerns](https://feedsoft.ai/events/21874-opec-confirms-plan-to-pause-production-hikes-in-early-2026-amid-surplus-concerns.md) | +0.1% | -2.4% |
| BRENT | 2020-10-12 | [Oil falls nearly 3% as production comes back online](https://feedsoft.ai/events/50803-oil-falls-nearly-3-as-production-comes-back-online.md) | -0.3% | -8.2% |
| DIESEL | 2025-04-04 | [Oil falls to near 4-year low amid recession fears, OPEC+ production hikes](https://feedsoft.ai/events/7295-oil-falls-to-near-4-year-low-amid-recession-fears-opec-production-hikes.md) | -6.2% | -8.6% |
| DIESEL | 2021-04-21 | [Oil prices drop as India’s COVID-19 surge dents demand outlook \| Reuters](https://feedsoft.ai/events/47759-oil-prices-drop-as-india-s-covid-19-surge-dents-demand-outlook-reuters.md) | +1.6% | +9.6% |
| DIESEL | 2024-09-20 | [Relief as inflation dips, but food production challenges persist](https://feedsoft.ai/events/28467-relief-as-inflation-dips-but-food-production-challenges-persist.md) | -1.8% | +1.3% |

## Sources

- oilprice.com: https://oilprice.com/Latest-Energy-News/World-News/Iraqs-Oil-Production-Soars-to-2019-High-as-Hormuz-Flows-Surge.html

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