Date: 7 months ago   Category: Energy

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


Level of production of oil in Russia in July, 2018 has made 10,607 million barrels a day that on 322 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 fifth month in a row the USA remains the leader in oil production in the world. Production of Saudi Arabia in July, 2018, according to the organization, has made 10,288 million barrels a day. At the same time oil production in the USA, according to JODI, has made in July 10,929 million barrels a day against 10,674 million barrels a day in June. Thus, the USA is the fifth month in a row the world leader in the monthly volume of oil production. In February the USA has for the first time overtaken 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 has surpassed Saudi Arabia in production level in January, 2017 and kept the leading positions till February of the current year inclusive. In June, 2018 oil production in Russia made 10,472 million barrels a day, in Saudi Arabia — 10,489 million barrels a day. Thus, production of Russia in July has increased by 135 thousand barrels a day. Saudi Arabia at the same time has reduced oil production in July by 201 thousand barrels a day from the level of June.

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