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List of countries by oil extraction
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📌 Topics
- Energy security (1)
- Geopolitical conflict (1)
- Economic impact (1)
- Geopolitical Conflict (1)
- Energy Security (1)
- Global Economics (1)
- Maritime Trade (1)
🏷️ Keywords
Strait of Hormuz (2) · Energy crisis (2) · Oil prices (1) · Iran conflict (1) · Energy security (1) · Global oil supply (1) · Shipping disruption (1) · Economic impact (1) · Iran (1) · Oil supply (1) · Global economy (1) · US-Israeli attacks (1) · LNG trade (1) · Maritime security (1)
📖 Key Information
This is a list of countries by oil extraction (i.e., petroleum extraction or "production"), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles.
The volumes in the table represent crude oil and lease condensate, the hydrocarbon liquids collected at or near the wellhead.
📰 Related News (2)
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The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said....
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🇺🇸 What Happens if Iran Shuts Down the Strait of Hormuz?The Strait of Hormuz is one of the most sensitive pressure points in the global economy. Conflict in Iran could put it at risk indefinitely....
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