Oil production and current events reference

Global Oil Production and Geopolitics

Global Oil Production and Geopolitics

Country Rank Production (mb/d) Reserves (B bbl) Exports (mb/d) Oil Dependency (%) Renewable (1-10) Military (1-10) Internet (%) US Alliance (1-10)
United States 1 18.98 68.8 3.6 8% 9 10 91% 10
Saudi Arabia 2 10.84 267.0 7.3 42% 7 8 98% 8
Russia 3 10.53 80.0 4.7 30% 6 9 85% 2
Canada 4 4.57 170.3 3.3 10% 8 7 94% 9
China 5 4.17 25.1 0.6 2% 8 9 73% 3
Iraq 6 4.14 145.0 3.8 58% 4 5 48% 5
UAE 7 4.01 111.0 3.5 30% 7 8 99% 7
Brazil 8 3.78 16.2 1.2 8% 8 6 82% 6
Iran 9 3.55 208.6 1.2* 20% 6 7 70% 1
Kuwait 10 2.75 101.5 2.5 40% 5 6 99% 7
Venezuela 11 2.40 303.8 0.7* 50% 3 5 72% 2
Norway 12 2.08 8.1 1.8 15% 9 6 98% 9
Nigeria 13 1.97 36.9 1.6 35% 5 4 40% 6
Mexico 14 1.95 7.2 0.9 10% 7 6 75% 8
Qatar 15 1.87 25.2 1.5 55% 6 7 99% 7
Angola 16 1.12 8.2 1.1 40% 4 3 33% 5
Kazakhstan 17 1.11 30.0 1.0 25% 6 5 85% 4
Algeria 18 1.09 12.2 0.8 35% 5 5 64% 5
Oman 19 1.06 5.4 0.9 50% 6 5 95% 6
Libya 20 1.00 48.4 0.8 60% 3 3 23% 3
Malaysia 21 0.99 3.6 0.3 5% 8 6 89% 6
Indonesia 22 0.69 3.2 0.2 5% 8 5 76% 5

* Sanctions limit exports | mb/d = million barrels per day | B bbl = billion barrels


Explanation of Columns

Oil Exports (mb/d)

The volume of oil a country exports per day (in million barrels). This reflects the country's role as a supplier to the global market.

  • Countries like Saudi Arabia and Russia are major exporters, while the United States exports less due to high domestic consumption.
  • Sanctioned nations like Iran and Venezuela have limited exports despite large reserves.

Dependency on Oil Revenue (% of GDP)

The percentage of GDP derived from oil revenue. Highly dependent countries are more vulnerable to fluctuations in oil prices.

  • Examples: Iraq (58%), Libya (60%) are heavily oil-dependent.
  • Low-dependency nations like the United States (8%) and China (2%) have diversified economies.

Strategic Insights for Global Challenge

  • A country with high reserves but low exports (e.g., Venezuela) may be a long-term strategic target in the game but challenging to maintain due to political instability.
  • Countries with high oil dependency (e.g., Iraq, Libya) can be fragile but critical to control due to their reliance on oil for economic stability.

Key Takeaways

Saudi Arabia stands out as a top producer, exporter, and reserve-holder, with strong US ties (score: 8), making it one of the most valuable targets in the game.
Russia has high production and exports but a weaker US alliance (score: 2), reflecting its complex geopolitical position.
Venezuela has the world's largest reserves but faces sanctions, limited exports, and weak US ties (score: 2), posing both risks and opportunities in the game.

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