Iraq plans to raise oil output up to 10 million bpd within six years
A planned increase in Iraqi crude production would add future supply to the global oil market.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Crude Oil Feedstock →supply upCrude oil feedstock is a critical upstream input for gasoline and diesel, so more crude should lift refinery output and availability.
96% confidenceCrude Oil Feedstock →supply upAs a critical crude-derived product, home heating oil should become more available when crude feedstock supply rises.
95% confidenceGulf Coast crude oil feedstock (jet fraction) →supply upGulf Coast crude feedstock is a critical 0.95-strength input to jet fuel, so added crude supply should increase jet-fuel availability.
Hop 2
Iraq →supply upIf Iraq achieves the planned crude output increase, its 4% share on this edge should lift available crude oil feedstock.
91% confidenceHome heating oil →supply upIraq's planned crude output increase raises availability of the critical crude feedstock input for home heating oil, and this dependency is rated at the maximum strength on the graph.
91% confidenceIraq →supply upHigher Iraqi production should increase the crude available to this import stream, and Iraq accounts for 3.3% of it on the graph edge.
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil · Jet fuel
Companies you may own
No named companies on this path.
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.