OPEC Countries: The Organization of the petroleum exporting countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the founder Members of the organization.
The U.S Energy Information Administration (EIA) is a principal agency of the U.S Federal Statical System responsible for the collecting analysing and disseminating energy information to promote sound policy maker.
Countries and there Rankings: DEC 2024 data
1-United State 13401000 BBL/day.
2-Saudi Arabia(OPEC) 10815700 BBL/day
3-Russia (OPEC+) 10750000 BBL/day
4- Canada 5500000 BBL/day
5-China 4715000 BBL/day
6-Iraq(OPEC) 4162000 BBL/day
7-Iran(OPEC) 4084000 BBL/day
8- United Arab Emirates 3770000 BBL/day
9-Brazil (OPEC) 3630000 BBL/day
10-Kuwait(OPEC) 2720000 BBL/day
Petroleum has been a major industry in the United State since the 1859 Pennsylvania oil rush around Titusville, Pennsylvania commonly known as ,Big oil,”
The United State became the Largest producer of crude oil of any nation in history in 2023.
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