Kaothaj_
8 months ago
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
<OPEC>
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