Date: a month ago   Category: Energy

The USA in February kept leadership in oil production in the world — Rambler News Service


Level of production of oil in Russia in February, 2019 made 10.669 million barrels a day that on 533 thousand barrels a day it is more, than production level in Saudi Arabia for the same period, follows from data of Joint Organisations Data Initiative (JODI). The twelfth month in a row the USA remains the leader in oil production in the world. Production of Saudi Arabia in February, 2019, according to the organization, was 10.136 million barrels a day. At the same time oil production in the USA, according to JODI, made in February 12.025 million barrels a day against 11.871 million barrels a day in January. Thus, the USA is the twelfth month in a row the world leader in the monthly volume of oil production. In February, 2018 the USA for the first time overtook Saudi Arabia on the monthly volume of production, and in March for the first time became the world leader in this indicator. According to information of JODI, Russia surpassed Saudi Arabia in production level in January, 2017 and kept the leading positions till February, 2018 inclusive. In January, 2019 oil production in Russia made 10.674 million barrels a day, in Saudi Arabia — 10.243 million barrels a day. Thus, production of Russia in February decreased by 5 thousand barrels a day. Saudi Arabia reduced oil production in February by 107 thousand barrels a day from the level of January.

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