Regional conflicts in the Middle East and North Africa have left a historic amount of oil on the sidelines, an annual report from BP found. Despite an insurgency waged by the group calling itself the Islamic State, oil production in Iraq grew at a faster rate than any country apart from the United States. Analysis from the U.S. Energy Information Administration found total crude oil production in Iraq rose nearly 10 percent from 2013 to average almost 3.4 million barrels per day, which represents about 60 percent of the production growth from members of the Organization of Petroleum Exporting Countries last year. Iraq may be the standout. An annual report from BP on the status of the global energy sector […]