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Ranked: The World’s Biggest Oil Producers
From elements.visualcapitalist.com
n 2022 oil prices peaked at more than $100 per barrel, hitting an eight-year high, after a full year of turmoil in the energy markets in the wake of the Russian invasion of Ukraine. Oil companies doubled their profits and the economies of the biggest oil producers in the world got a major boost. But which countries are responsible for most of the world’s oil supply? Using data from the Statistical Review of World Energy by the Energy Institute, we’ve visualized and ranked the world’s biggest oil producers. The U.S. has been the world’s biggest oil producer since 2018 and continued its dominance in 2022 by ... (full story)
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- Posted: Sep 23, 2023 7:14pm
- Submitted by:Category: Educational NewsComments: 0 / Views: 154
