According to people familiar with the matter, while OPEC and its allies are evaluating the production capacity of member countries to determine next year's production levels, Iraq is seeking to drastically increase its crude oil production quota. People familiar with the matter said that as the organization's second-largest oil producer, Iraq hopes that the future production target will be calculated based on 6 million barrels per day, which is a significant increase from the benchmark level it recently adopted. Iraq's Ministry of Petroleum did not respond to requests for comment.

According to people familiar with the matter, while OPEC and its allies are evaluating the production capacity of member countries to determine next year's production levels, Iraq is seeking to drastically increase its crude oil production quota. People familiar with the matter said that as the organization's second-largest oil producer, Iraq hopes that the future production target will be calculated based on 6 million barrels per day, which is a significant increase from the benchmark level it recently adopted. Iraq's Ministry of Petroleum did not respond to requests for comment.