Sunday, May 26, 2019

Oil Producing Countries Top 10


US 15.647 million b/d
Saudi Arabia 12.090 million b/d
Russia 11.210 million b/d
Canada 4.958 million b/d
China 4.779 million b/d
Iran 4.695 million b/d
Iraq 4.455 million b/d
UAE 3.721 million b/d
Brazil 3.363 million b/d
Kuwait 2.825 million b/d


Global oil production has risen from 55 billion bpd in 1973 to 84 million bpd in 2018.

Oil export trends as of 2017

Saudi Arabia oil exports have dropped from 7.5 million b/d in 2016 to 7.0 million b/d in 2017

Russia oil exports grew from 4.5 million b/d in 2014 to 5.1 million b/d in 2017.

Iraq crude oil exports have increased from 1,467,800 b/d in 2006 to 3.8 million b/d in 2017.

Syria crude oil exports have dropped from 400,000 b/d in 2006 to 22,847 b/d in 2014 to 16,666 in 2017.

Iran crude oil exports have dropped from 2.15 million b/d in 2017 to 0.95 million b/d in 2019.

Comments

This article puts US oil production at 15.647 million b/d rather than the 12.4 million b/d reported by EIA. This is true, the US is closer than thought to reach 20 million b/d.

Norb Leahy, Dunwoody GA Tea Party Leader 




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