Iraq requests a 6 million bpd production baseline during the OPEC+ capacity audit, a 1.57 million bpd jump over its current quota ahead of

Iraq has boosted its crude oil export capacity to more than 3 million barrels per day (bpd) and plans to raise it to 5 million as it develops new routes away from the Strait of…

Iraq is seeking a 6 million-bpd OPEC+ production baseline as Baghdad pursues an aggressive expansion of its oil industry despite severe export disruptions.