Top producing countries accounting for higher percentage of world oil output – NEB
Iraq, Saudi Arabia significantly increased share of world production between 2009 and 2016 Global oil production has trended upwards since 2000, increasing from 75.8 million barrels per day (MMb/d) to 94.6 MMb/d in 2016, according to an NEB press release. Between 2000 and 2009, oil production increased by almost 8 MMb/d, but the share produced by the top 10 […]
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