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Energy

Southern export uptick unlocks production gains

A partial resumption in tanker traffic has enabled at least 250,000 bpd in increased oil output, but a full recovery still depends on wartime dynamics outside Iraq’s control.
Workers from Iraq's Oil Pipelines Company perform maintenance work on a gas pipeline feeding the Mansuriya power station in June 2026. (Photo credit: Oil Pipelines Company)

January oil output rebounds

After steady declines in the fourth quarter of 2024, the new year started with a rise in production and modest gains in export volumes.

Rumaila still reeling after large fire

Production at Iraq's largest field is still down by at least 120,000 bpd as repair crews contend with extensive damage from a Jan. 24 fire.