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CategoryOil & Gas
Global Oil Reserves Volume1,696.6bn bbl
Largest Producer of Oil in the Middle EastSaudi Arabia
Share of Global Oil Reserves in the Middle East47.6%
Share of Global oil Reserves in Venezuela17.9%
World Region with the Most Offshore Oil and Gas RigsNorth Sea
Global Refinery Capacity for Crude Oil98,139k bbl/d
U.S. Oil Refinery Capacity18,567k bbl/d
China's Oil Refinery Capacity14,513k bbl/d
Forecasted Global Oil Demand in 2019100.8m bbl/d