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1. en.wikipedia.org › wiki › List_of_countries_by_oilList of countries by oil production - Wikipedia

   en.wikipedia.org › wiki › List_of_countries_by_oil

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   Under this definition (crude and condensate), total world oil production in 2023 averaged 81,804,000 barrels per day. Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve OPEC members.

   Country	Continent	Crude Oil Production December 2023 (bbl ...
   United States	North America	13,308,000
   Russia (OPEC+)	Europe / Asia	10,272,000
   Saudi Arabia (OPEC)	Asia	8,950,000
   Canada	North America	4,990,000

   See full list on en.wikipedia.org

2. www.statista.com › topics › 1830OPEC - statistics & facts | Statista

   www.statista.com › topics › 1830

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   Aug 8, 2024 · OPEC oil exports 2012-2023, by region. How much oil does the OPEC produce? Discover all relevant statistics and facts on the OPEC now on statista.com!

3. Videos

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     What is OPEC? | Explained

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     What is OPEC? | CNBC Explains

     Jun 20, 2018

     302.3K Views

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     1:36

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     Why did OPEC cut oil production? Key reasons explained

     Apr 3, 2023

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4. www.statista.com › statistics › 271821OPEC oil production by country 2023 - Statista

   www.statista.com › statistics › 271821

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   Jul 25, 2024 · Saudi Arabia is by far the leading producer of crude oil among OPEC member states. In 2023, it reported an average daily production of roughly 9.6 million barrels. Iraq ranked second, at nearly...

5. www.opec.org › opec_web › static_files_project2022 OPEC Annual Statistical Bulletin

   www.opec.org › opec_web › static_files_project

   oil industry, ranging from exploration and production to refining and transportation. The ASB is distinctive in providing comprehensive statistical data on oil and gas activities in each of the 13 OPEC Member Countries: Algeria, Angola, Congo, Equatorial Guinea, Gabon, the Islamic Republic of Iran,

6. www.bbc.com › news › business-61188579Opec: What is it and what is happening to oil prices? - BBC

   www.bbc.com › news › business-61188579

   Jun 5, 2023 · Opec nations produce about 30% of the world's crude oil. Saudi Arabia is the biggest single oil supplier within the group, producing more than 10 million barrels a day. In 2016,...

7. ycharts.com › indicators › opec_crude_oil_productionOPEC Crude Oil Production (I:OPECCOP) - YCharts

   ycharts.com › indicators › opec_crude_oil_production

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   Feb 29, 2024 · OPEC Crude Oil Production is at a current level of 28.56M, down from 28.96M last month and down from 29.17M one year ago. This is a change of -1.40% from last month and -2.10% from one year ago.

8. People also ask

   How much oil does OPEC produce a day?

   • OPEC crude oil production totaled some 34 million barrels per day that year. The Organization of the Petroleum Exporting Countries (OPEC) was founded in 1960, by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela and later joined by current members: Algeria, Angola, Congo, Equatorial Guinea, Gabon, Libya, Nigeria, and United Arab Emirates.

   OPEC oil production by country 2023 - Statista

   www.statista.com/statistics/271821/daily-oil-production-output-of-opec-countries/

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   Which OPEC member states produce the most crude oil?

   • Saudi Arabia is by far the leading producer of crude oil among OPEC member states. In 2023, it reported an average daily production of roughly 9.6 million barrels. Iraq ranked second, at nearly 4.1 million barrels daily. OPEC crude oil production totaled some 34 million barrels per day that year.

   OPEC oil production by country 2023 - Statista

   www.statista.com/statistics/271821/daily-oil-production-output-of-opec-countries/

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   Who makes OPEC+ oil?

   • In 2016, when oil prices were particularly low, Opec joined forces with 10 other oil producers to create Opec+. One of the members of the expanded group is Russia, which also produces more than 10 million barrels a day. Together, Opec+ countries produce about 40% of all the world's crude oil.

   Opec: What is it and what is happening to oil prices? - BBC

   www.bbc.com/news/business-61188579

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   How much oil does OPEC produce in 2023?

   • In 2023, the 13 OPEC members held roughly 36 percent of total global crude oil production. The main goal of OPEC is to coordinate petroleum policies among its members and to ensure stable prices for each product type, creating a reference system on the global oil market, facilitating the market for buyers and sellers.

   OPEC oil production by country 2023 - Statista

   www.statista.com/statistics/271821/daily-oil-production-output-of-opec-countries/

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   How did OPEC & non-OPEC oil production compare in 2021?

   • o 2020, for an average of 69.64m b/d. OPEC crude oil production rose year-on-year by 0.70m b/d, or 2.7 per cent, while crude production by non-OPEC countries fell s ightly by 0.18m b/d, or 0.4 per cent.With an average of 96.92m b/d in 2021, world oil demand rebounded from the COVID-19 pandemic to grow b

   2022 OPEC Annual Statistical Bulletin

   www.opec.org/opec_web/static_files_project/media/downloads/publications/ASB_2022.pdf

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   How did OPEC+ boost oil prices?

   • Opec+ had to boost prices by cutting production dramatically - by more than nine million barrels per day. Following Russia's invasion of Ukraine, the price of Brent crude soared to more than $130 a barrel. However, by March 2023 it had fallen back to little above $70 a barrel - a 15-month low.

   Opec: What is it and what is happening to oil prices? - BBC

   www.bbc.com/news/business-61188579

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9. www.opec.org › opec_web › enHistorical Production Data - OPEC

   www.opec.org › opec_web › en

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   OPEC Member Countries’ historical production data, directly communicated or based on secondary sources, are available in OPEC’s Monthly Oil Market Reports. These reports can be viewed here.