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Middle East Driving Global Growth in Conventional Oil Output

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Middle East Driving Global Growth in Conventional Oil Output

Middle Eastern oil production is expected to grow by 2.7 million bpd by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East is primarily driven by supply additions from Iraq with 1.5 million bpd growth, and an additional 1.2 million bpd mainly coming from the Neutral Zone, the UAE and Iran in the medium term.

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