Friday, August 2, 2019

Oil Producers and Consumers


Global oil production in 2018 was 100.66 million bpd.

Top 10 Oil producers in 2018
US 17.87 million bpd
Saudi Arabia 12.42 million bpd
Russia 11.4 million bpd
Canada 5.27 million bpd
China 4.82 million bpd
Iraq 4.62 million bpd
Iran 4.47 million bpd
UAE 3.79 million bpd
Brazil 3.43 million bpd
Kuwait 2.87 million bpd
Top 10 Total 70.96 million bpd

Global oil consumption in 2016 was 96.92 million bpd.

Top 10 Oil consumers in 2016
US 19.69 million bpd
China 12.79 million bpd
India 4.44 million bpd
Japan 4.01 million bpd
Russia 3.63 million bpd
Saudi Arabia 3.30 million bpd
Brazil 2.98 million bpd
South Korea 2.61 million bpd
Canada 2.47 million bpd
Germany 2.38 million bpd
Top 10 Total 58.31 million bpd


Comments

US oil production in this article looks too high at 17.87 million bpd. It may be closer to 12.87 million bpd.

Norb Leahy, Dunwoody GA Tea Party Leader


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