Key Market Indicators
Demand for Iraqi crude oil is close to 2 million metric tons for January 2022, down 17.8% from December 2021. This marks a 1.9% decrease year-on-year since January 2012. Meanwhile, Iraqi crude oil production is expected to reach nearly 290 million tonnes of oil equivalent by 2026. This is a 2.4% annual growth rate since 2021 and a 2% increase since 1976. Iraq came in fourth in the rankings in 2021, with the United States in first, Saudi Arabia in second and Iraq in third.
Iraq Oil Extraction Market Data and Forecasts
How much will Iraq Oil Extraction Market grow?
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