Iraq ranks second among OPEC’s largest oil producers Iraqi News

Baghdad (IraqiNews.com) – The Organization of the Petroleum Exporting Countries (OPEC) has released its oil production data for August 2025, revealing that Iraq has secured the second position among the organization’s largest oil producers. This ranking reaffirms Iraq’s prominent role in meeting global oil demand.

According to the OPEC report, Saudi Arabia maintained its position as the top producer with a daily output of 9.709 million barrels. Iraq followed in second place, producing 4.015 million barrels per day. The United Arab Emirates ranked third with 3.255 million barrels per day, followed by Iran (3.218 million barrels per day) and Kuwait (2.492 million barrels per day).

The report indicates that OPEC’s overall oil production has remained relatively stable. The data also showed the production figures for other member countries, with Nigeria producing 1.549 million barrels per day, Libya at 1.299 million, Algeria at 940,000, and Venezuela at 936,000 barrels per day. The Republic of Congo produced 259,000 barrels per day.

OPEC’s member states continue to work on balancing production to maintain price stability in the international market, as oil remains a key factor in the global economy and a direct influence on financial markets and energy prices.