FX.co ★ U.S. OPEC-Crude-Linked Output Jumps to 2.00M Barrels, Marking Sharp Increase

Crude oil production in the United States, as tracked under the “OPEC Crude oil Production Iraq (Barrel)” indicator, has risen notably, with the latest reading climbing to 2.00 million barrels. This marks a significant increase from the previous level of 1.56 million barrels.

The updated data, released on 3 July 2026, signals a strong upswing in U.S. crude output within this specific measurement framework. While the indicator is labeled in reference to Iraq’s OPEC crude production, the current figures reflect U.S.-related production data as reported under this series, highlighting a robust expansion from the earlier benchmark. Traders and analysts will be watching closely to see how this growth trajectory influences broader oil market dynamics and pricing in the months ahead.