Crude Oil Production in Iraq decreased to 4535 BBL/D/1K in December from 4595 BBL/D/1K in November of 2019. Iraq Crude Oil Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Crude Oil Production in Iraq averaged 2170.38 BBL/D/1K from 1973 until 2019, reaching an all time high of 4830 BBL/D/1K in December of 2016 and a record low of 0 BBL/D/1K in February of 1991. This page provides the latest reported value for - Iraq Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Organization of the Petroleum Exporting Countries
Crude Oil Production in Iraq is expected to be 4200.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Iraq to stand at 4000.00 in 12 months time. In the long-term, the Iraq Crude Oil Production is projected to trend around 4100.00 BBL/D/1K in 2021, according to our econometric models.