Almasalah

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Iraq is the fifth in the world and the second in the Arab world as the largest oil-producing country

A report issued by the British oil company BP for the month of July 2021, clarified the largest oil countries in the world with the most production during 2020, while noting that Iraq came fifth among these countries.

The report stated that the United States came first as the largest producer of crude oil and condensate, with a production of 16.476 million barrels per day in 2020, and the United States maintained the lead despite a 3.5% decrease in production from 2019.

The report added that the shale oil boom in the United States contributed towards boosting American crude production to exceed 16 million barrels per day, after it was 7.6 million barrels per day in 2010.

He added that Saudi Arabia came second, with a total production of 11.039 million barrels per day of oil last year, which was 6.7% lower than the levels of the previous year.

He added that Russia came third on the list, as Russia’s total production of crude oil and condensate last year amounted to 10.667 million barrels per day.

Canada came fourth with production of 5.135 million barrels per day, followed by Iraq with production of 4.114 million barrels per day, then China came sixth with 3.901 million barrels per day, the UAE seventh with production of 3.657 million barrels per day, Iran eighth with production of 3.084 million barrels per day, Brazil ninth with production of 3.026 million barrels per day and Kuwait Tenth, with a production of 2.686 million barrels per day.

The report indicated that Saudi Arabia remains the first in the Middle East without a competitor, and then Iraq comes, followed by the UAE, according to BP estimates issued in July 2021.

Norway topped the list in Europe with a production of 2.001 million barrels per day of crude oil and condensate in 2020, followed by the United Kingdom and then Italy.

Among North American countries, the United States leads, while Brazil tops the list for countries in the Central and South American region.