THE U.S. NOW PRODUCES 50% MORE OIL THAN SAUDI ARABIA

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Mario Nawfal

@Mario THE U.S. NOW PRODUCES 50% MORE OIL THAN SAUDI ARABIA The United States is leading the world in crude oil production, accounting for over 16% of total global output as of Q4 2024. That’s a dramatic rise from around 12% in 2017. In contrast, Saudi Arabia’s share has declined steadily, now sitting just above 11%. Russia trails slightly behind, hovering around 12%. This data, sourced from Rystad Energy, confirms that the U.S. is now producing approximately 50% more crude oil than Saudi Arabia, redefining the global energy landscape and solidifying America’s dominance in oil. Source:

@AlecStapp

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