Page 51 - MEX-Yearbook-2017

OPEC Share of World Crude Oil reserves, 2016 Top 10 Producers of Crude Oil in 2016

(Billion barrels, OPEC Share) (Million barrels Per Day)

Venuzuela 302.25 24.80% Country Quantity Country Quantity
Saudi Arabia Russia
IR Iran 266.21 21.90% Saudi Arabia 10.55 China 3.98
Iraq USA
Kuwait 157.20 12.90% Iraq 10.46 Canada 3.66
UAE Iran
Libya 148.77 12.20% 8.87 UAE 3.10
Nigeria
Qatar 101.50 8.30% 4.45 Kuwait 2.92
Algeria
Angola 97.80 8.00% 3.99 Brazil 2.51
Ecuador
Gabon 48.36 4.00% Source: US Energy Information Administration

37.45 3.10%

25.24 2.10%

12.20 1.00%

9.52 0.8%

8.27 0.7%

2.00 0.2% Oil is a major component in
the manufacture of plastics,
Source: OPEC Annual Statistical Bulletin 2017 synthetic textiles, fertilizer,
computers, cosmetics, and
Major Exporters & Importers of Crude Oil in 2016
even steel.
(Billion USD)

Exports Imports
Country
Saudi Arabia Value Country Value
Russia
Iraq 136.2 China 116.2
Canada
UAE 73.7 USA 108.1
Kuwait
Iran 46.3 India 60.9
Nigeria
Angola 39.5 Japan 50.8
Norway
38.9 South Korea 44.2

30.7 Netherlands 29.3

29.1 Germany 28.7

27 Italy 18.9

25.2 Spain 18.7

22.6 France 17.9

Source: The World Factbook

Crude Oil - Futures

1000 January
February
L 800
March
O 600 April
May
T 400 June
July
200 August
September
S October
November
0 December

Months (January 2017 - December 2017) Crude Oil - Options
Crude Oil - Spot

800 CRUDE OIL 1000
MCRUDE OIL
L 700 L 800

600 O 600

O 500 T 400

400 200

T 300 S

200 0
January
S 100 February

0 March
April
May
June
July
August
September
October
November
December
January
February
March
April
May
June
July
August
September
October
November
December

Months (January 2017 - December 2017) Months (January 2017 - December 2017)
MEX NEPAL YEAR BOOK 2017 | 50