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OPEC - share of total global crude oil production 2009-2018

OPEC's share of total global crude oil production from 2009 to 2018*

by M. Garside, last edited Aug 5, 2019
OPEC - share of total global crude oil production 2009-2018 This statistic depicts OPEC's share of total global crude oil production from 2009 to 2018. In 2009, the OPEC countries generated some 44.7 percent of the total crude oil production worldwide. This percentage decreased to around 43.3 percent until 2013. In 2015, the average annual OPEC crude oil price was some 52.51 U.S. dollars per barrel, while in 2018 the price was nearly at 69.8 U.S. dollars per barrel. OPEC stands for the Organization of the Petroleum Exporting Countries, established in 1960 in Baghdad, Iraq.
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OPEC's share of total global crude oil production from 2009 to 2018*

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