Iraq to Deliver Third-Biggest Chunk of New Oil to 2030, IEA Says - Bloomberg

Iraq to Deliver Third-Biggest Chunk of New Oil to 2030, IEA Says - Bloomberg:

Iraq will be the third-biggest provider of new oil supplies over the next decade, boosting its production by almost 30 percent, according to the International Energy Agency.

The OPEC member will raise output to almost 6 million barrels a day by 2030, overtaking Canada as the world’s fourth-largest producer, as it continues to rehabilitate an oil industry ravaged by decades of conflict and sanctions, the IEA said Thursday. Only the U.S. and Brazil will add more output in the period.