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Economic magazine: Iraq is the fourth oil producer in the world
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Economy News _ Baghdad
According to the international magazine "TRADING ECONOMICS", which deals with economic and financial indicators, Iraq is the fourth oil producer in the world.
The magazine showed, within a report of the first ten countries, the highest rate of oil production during 2019, which showed that Iraq ranked fourth with a production rate of four million and 580 thousand barrels per day.
She added that America came first with a production rate of 12 million and 230 thousand barrels per day, followed by Russia with a production rate of 10 million and 840 thousand barrels per day, and then Saudi Arabia with a production rate of nine million and 810 thousand barrels per day.
She pointed out that Canada ranked fifth with a production rate of four million and 350 thousand barrels per day, and then China ranked sixth with a production rate of three million and 820 thousand barrels per day, indicating that the UAE ranked seventh with a production rate of three million and 60 thousand barrels per day.
The report indicated that Brazil ranked eighth with a production rate of two million 790 thousand barrels per day, followed by Kuwait with a production rate of two million and 680 thousand barrels per day, and finally in the tenth place came Iran with a production rate of two million and 360 thousand barrels per day.
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