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Market Indicators 2020. OPEC collects and analyzes a vast amount of industry-related data. In the Market Indicators snapshot we present some of the most commonly asked-for statistics and data relating to the oil market. If you are looking for the latest figures on OPEC output levels, oil prices, or supply and demand, you will find it here.
Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve OPEC members. Members of OPEC+ , which includes OPEC members produce about 60% of the world's petroleum. supply and demand In addition to being top 5 in oil production, the United States and Russia are also top 5 in oil exports , natural gas production and natural gas exports .
CountryContinentCrude Oil Production December 2023 (bbl ...13,308,000Russia (OPEC+)Europe / Asia10,272,000Saudi Arabia (OPEC)8,950,0004,990,000Mar 9, 2020 · About this report. Oil 2020 examines the key issues in demand, supply, refining and trade to 2025. This year, the report considers topics such as the impact of the new coronavirus (COVID-19) on demand; slowing supply growth in the United States and other non-OPEC countries; and the level of spare production capacity in OPEC countries to help ...
Many countries produce crude oil. In 2022, 98 countries produced about 80.75 million barrels of crude oil, and five of those countries accounted for about 52% of the total. The top five crude oil producers and their percentage shares of world crude oil production in 2022 were: United States 14.7%. Saudi Arabia 13.2%.
Jul 13, 2020 · OPEC Member Countries exported an average of 22.48 mb/d of crude oil in 2019, a sharp decrease of about 1.80 mb/d, or 7.4 per cent, compared to 2018. Following the pattern of previous years, the bulk of crude oil from OPEC Member Countries —was exported to the Asia and Pacific region, followed by Europe. North America imported 1.22 mb/d of ...
Aug 8, 2024 · Monthly electricity prices in selected EU countries 2020-2024. ... Crude oil exports of OPEC countries worldwide in 2012 and 2023 (in 1,000 barrels per day) ... LATAM – Contact (Latin America ...
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Total petroleum net exports were about 1.19 million b/d in 2022. Also in 2022, the United States produced 2 about 20.08 million b/d of petroleum and consumed 3 about 20.01 million b/d. Although U.S. annual total petroleum exports were greater than total petroleum imports in 2020, 2021, and 2022, the United States still imported some crude oil ...