Iraqi deputy oil minister says oil output at 1.5 mln bpd

Iraq's deputy oil minister said the country's oil output is at 1.5 million barrels per day. The update is factual and provides a production-level snapshot, with limited immediate market-moving significance on its own. The report may be of interest for crude supply monitoring, but it does not indicate a new policy shift or disruption.

Analysis

Iraq's deputy oil minister said the country's oil output is at 1.5 million barrels per day. The update is factual and provides a production-level snapshot, with limited immediate market-moving significance on its own. The report may be of interest for crude supply monitoring, but it does not indicate a new policy shift or disruption.