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Energy

September oil production edges higher

Iraq's nationwide output rises slightly as OPEC-plus continues loosening quotas.
Workers from the state-run Iraqi Drilling Company operate a rig at the West Qurna 1 oil field in Basra in August 2025. (Photo credit: IDC media office)

April exports rise by 200k bpd

Countrywide oil sales have rebounded to their highest level in two years, although infrastructure bottlenecks threaten to limit further increases.

Fuel smuggling causes shortages and spiking prices

Smugglers are exploiting a growing margin between government-subsidized fuel and market prices in an illicit trade that is squeezing Iraq's fuel supply and costing the government billions.