🔥 Global Oil Supply Concentration — Quick Breakdown

According to global production data, the world’s oil output is highly concentrated among a few major producers:

📍 Top Oil Producing Countries (2023–24)

• 🇺🇸 United States: ~22% of global oil output

• 🇸🇦 Saudi Arabia: ~11%

• 🇷🇺 Russia: ~11%

• 🇨🇦 Canada: ~6%

• 🇨🇳 China: ~5%

• 🇮🇶 Iraq: ~4%

• 🇮🇷 Iran: ~4%

• 🇦🇪 UAE: ~4%

• 🇧🇷 Brazil: ~4%

• 🇰🇼 Kuwait: ~3%

(Top 10 together ~73% of production)

⚡ These figures highlight how a small group of countries dominates global oil supply, shaping energy markets and geopolitics.

#SIREN #RPL #REX #OilMarkets #EnergySecurity #GlobalEconomy 🛢️