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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)

August production falls as Iraq initiates cuts

Renewed OPEC-plus pressure pushes Iraq to cut at least 100,000 bpd from state fields and accelerate maintenance plans at other projects in a bid to improve quota compliance.