Iraq maintains steady output as OPEC meeting approaches

Nationwide oil production held at just over 4 million bpd in January, as Iraq positions itself for a meeting of the OPEC-plus coalition that will determine quotas for the second quarter of 2021.
A worker adjusts the valve of an oil pipe at the West Qurna 1 oilfield in Basra on Nov. 28, 2010. (ATEF HASSAN/Reuters)

Iraq's nationwide crude production held steady in January at just over 4 million barrels per day (bpd), according to an Iraq Oil Report analysis based on data collected independently from each of the country's producing fields. *

The data suggest the country is producing slightly above its OPEC quota, although rising global crude prices are likely to help Iraq avoid harsh scrutiny.

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