Crude Oil Production in Iraq decreased to 4455 BBL/D/1K in November from 4460 BBL/D/1K in October of 2018. Crude Oil Production in Iraq averaged 2113.83 BBL/D/1K from 1973 until 2018, 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.
Crude Oil Production in Iraq is expected to be 4480.00 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 4500.00 in 12 months time. In the long-term, the Iraq Crude Oil Production is projected to trend around 4600.00 BBL/D/1K in 2020, according to our econometric models.