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Kaothaj_

8 months ago

Domestic Oil Consumption Of OPEC Members

Think OPEC members only export oil? Think again. Some of the world's biggest producers are also their own biggest customers.
In 2024, internal demand reveals a lot about industrial growth and energy needs across the member nations. Check out the latest barrels-per-day (b/d) breakdown:👇

Domestic oil consumption of OPEC members (2024)

1. Saudi Arabia 🇸🇦: 3.39m b/d
2. Iran 🇮🇷: 1.86m b/d
3. United Arab Emirates 🇦🇪: 1.02m b/d
4. Iraq 🇮🇶: 977,000 b/d
5. Nigeria 🇳🇬: 483,000 b/d
6. Kuwait 🇰🇼: 468,000 b/d
7. Algeria 🇩🇿: 467,000 b/d
8. Libya 🇱🇾: 318,000 b/d
9. Venezuela 🇻🇪: 276,000 b/d
10. Gabon 🇬🇦: 47,000 b/d
11. Congo 🇨🇬: 8,000 b/d
12. Equatorial Guinea 🇬🇶: 5,000 b/d

b/d: barrels per day
*OPEC: Organization of the Petroleum Exporting Countries

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