5 Biggest Oil Producing Countries in Asia

3. Iraq

BBL/D/1K: 3,992

As of February 2024, Iraq’s crude oil production stands at 3,992 thousand barrels per day, making it a major player in the global oil market and a major contributor to the world’s energy supply. Iraq’s oil production increased significantly in 2022 compared to the previous year, reaching an average of 4.62 million barrels per day in December, almost back to pre-pandemic levels. This recovery was seen despite the difficulties brought about by OPEC-plus policy and infrastructure limitations.