January oil production inches higher despite Rumaila dip

Iraq's nationwide crude production increased by just over 50,000 barrels per day (bpd) in January, according to an Iraq Oil Report analysis based on data gathered independently from each field. *

Output at fields managed by the federal government averaged 4.52 million bpd in January, up from 4.47 million bpd in December, and roughly in line with a 2025 average of 4.50 million bpd.