World proven resources

  • OPEC Announces World Oil Production Declined 0.7% in 2019 

    OPEC Announces World Oil Production Declined 0.7% in 2019 

    Tuesday, 14th July 2020

    The Organization of the Petroleum Exporting Countries’ (OPEC) annual statistical report found that total world oil production declined in 2019 by 0.7%, or 0.56 million barrels per day (mmbbl/d), compared to 2018.