Iraq Seeks Significant Output Quota Increase During OPEC+ Audit

Iraq is seeking a significant increase in the country’s oil production quota as OPEC and its allies conduct a review of members’ capacities aimed at determining how much they can...

By Khalid Al-Ansary, Grant Smith and Fiona MacDonald · Bloomberg Markets

Iraq is seeking a significant increase in the country’s oil production quota as OPEC and its allies conduct a review of members’ capacities aimed at determining how much they can pump next year, according to people familiar with the matter.