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Iraq is the sixth largest oil producer in the world and the fifth largest reserves in the world

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Iraq is the sixth largest oil producer in the world and the fifth largest reserves in the world

On August 26, 2020

(Al Mustaqilla)…
The British investment site INN revealed that Iraq is ranked sixth in the world as the largest oil producer in addition to being the owner of the fifth largest crude reserves in the world.

The site said in a report today, Wednesday, that "Iraq ranked sixth in the world with the largest oil production in the world during the year 2019, as its production reached 4,700,000 million barrels per day." Fourth, China Fifth.

He added, “Iraq was able to increase its oil production in 2017, but it remained after Iran, which ranked the last sixth, so that Iraq increased its production in 2018 to 4,616,000 million barrels per day to displace Iran and ranks sixth as the largest oil producer in the world, to increase its production in 2019 to 2019. 4.700,000 million barrels per day.

He pointed out that "Iraq ranks fifth in the world with the largest reserves in the world, as these reserves amount to 144 billion barrels," noting that

"these reserves represent 18% of the reserves of the Middle East and approximately 9% of the global reserves of oil."

The investment site (INN) is one of the global sites that publish investment news and is owned by Dig Media Inc, a private company based in Vancouver, British Columbia.
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