Jerusalem Post Israel News | Minister: Iraq to Boost Crude Oil Production by Year's End U.S. News & World Report Minister: Iraq to Boost Crude Oil Production by Year's End. Iraq's oil minister says the country plans to increase daily crude oil production to 5 million barrels by the end of this year, up from the current rate of about 4.4 million barrels per day ... Iraq plans to reach 5 million bpd oil output capacity before year-end Iraq plans to reach 5 mln bpd oil output capacity before year-end |