Iraq’s oil exports put at 1.9 mbpd in 9 months
Iraq exported nearly 533 million barrels of crude oil in the first nine months of 2026, an average 1.9 million barrels per day (bpd), according to a local think tank. The exports fetched OPEC’s second largest oil producer around $37 billion during that period, Eco Iraq said, citing data by the State Organisation for Marketing ...
In the first nine months of 2026, Iraq's oil exports reached 533 million barrels, averaging 1.9 million barrels per day, according to Eco Iraq. This amounts to $37 billion in earnings for OPEC's second largest oil producer, as reported by the local think tank. However, this is significantly lower than Iraq's pre-conflict oil supplies of 3.4 million barrels per day, which were disrupted due to the Iran-US conflict starting February 28.
Iraq and its Gulf counterparts have been unable to access the global market due to the closure of the Hormuz Strait, the primary shipping route for their oil. Nonetheless, some shipments have occurred through Turkey's Ceyhan port, totaling 50 million barrels of northern Iraqi crude, averaging around 188,000 bpd. Additionally, the Kurdistan Region contributed 25.1 million barrels, averaging approximately 93,000 bpd.
The slumping of Iraqi crude shipments earlier in the year was attributed to disruptions in tanker traffic through the Strait of Hormuz. However, there has been a partial recovery in recent weeks. Oil Minister Bassem Khudair reported that Iraq's oil exports exceeded three million barrels per day in September and October, indicating a gradual return to pre-conflict levels.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
