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[ Market analysis of chemical machinery equipment network ] As a non-renewable resource, petroleum has very limited reserves.
The current oil is mainly concentrated in Saudi Arabia.
In terms of oil consumption and production, since the end of 2018, the OPEC conference reached an agreement on a production reduction agreement.
In 2019, the OPEC countries represented by Saudi Arabia began to implement the production reduction agreement.
As a member of OPEC+, Russia has also joined the production reduction action.
The United States has always been committed to achieving energy independence.
Even energy dominates, thus seizing this good opportunity to dominate the energy market.
Chemical machinery and equipment network market analysis chemical machinery and equipmentThe current oil is mainly concentrated in Saudi Arabia.
In terms of oil consumption and production, since the end of 2018, the OPEC conference reached an agreement on a production reduction agreement.
In 2019, the OPEC countries represented by Saudi Arabia began to implement the production reduction agreement.
As a member of OPEC+, Russia has also joined the production reduction action.
The United States has always been committed to achieving energy independence.
Even energy dominates, thus seizing this good opportunity to dominate the energy market.
Oil reserves are limited, mainly concentrated in Saudi Arabia
Oil reserves are limited, mainly concentrated in Saudi ArabiaAs a non-renewable resource, oil reserves are very limited.
At present, oil development capabilities continue to improve, and the proven oil reserves increased from 168 million barrels to 173 million barrels at the end of 2015-2019.
However, with the continuous development of oil, oil reserves have gradually decreased.
As of the end of 2019, the proved oil reserves were 173 million barrels, a decrease from 2018.
At present, oil development capabilities continue to improve, and the proven oil reserves increased from 168 million barrels to 173 million barrels at the end of 2015-2019.
However, with the continuous development of oil, oil reserves have gradually decreased.
As of the end of 2019, the proved oil reserves were 173 million barrels, a decrease from 2018.
From the perspective of major countries, according to BP data, the world's proven oil reserves at the end of 2019 were 173 million barrels, 244.
6 billion tons, and the reserve-production ratio was 49.
9 years.
Among them, Saudi Arabia has high reserves, reaching 40.
9 billion tons, accounting for 17.
2% of reserves, and the reserves-production ratio is 68.
9 years; the United States reserves 8.
2 billion tons, accounting for 4.
0%, and the reserves-production ratio is 11.
1 years; China reserves 3.
6 billion tons, accounting for 1.
5% of reserves , The reserve-production ratio is 18.
7 years.
It can be seen that oil reserves are becoming more and more limited.
6 billion tons, and the reserve-production ratio was 49.
9 years.
Among them, Saudi Arabia has high reserves, reaching 40.
9 billion tons, accounting for 17.
2% of reserves, and the reserves-production ratio is 68.
9 years; the United States reserves 8.
2 billion tons, accounting for 4.
0%, and the reserves-production ratio is 11.
1 years; China reserves 3.
6 billion tons, accounting for 1.
5% of reserves , The reserve-production ratio is 18.
7 years.
It can be seen that oil reserves are becoming more and more limited.
In terms of regions, the proven oil reserves are mainly located in the Middle East, where Venezuela and Saudi Arabia accounted for 17.
52% and 17.
16% respectively, and the total amount reached 34.
68%.
The former countries with proven oil reserves at the end of 2019 include Venezuela, Saudi Arabia, Canada, Iran, Iraq, Russia, Kuwait, the UAE, the United States, and Libya.
52% and 17.
16% respectively, and the total amount reached 34.
68%.
The former countries with proven oil reserves at the end of 2019 include Venezuela, Saudi Arabia, Canada, Iran, Iraq, Russia, Kuwait, the UAE, the United States, and Libya.
U.
S.
oil production and consumption, China's oil consumption is growing fast
U. S.
oil production and consumption, China's oil consumption is growing fast
S.
oil production and consumption, China's oil consumption is growing fast
The oil consumption*0 countries in 2019 are the United States, Saudi Arabia, Russia, Iraq, UAE, etc.
The oil production*0 countries in 2019 are the United States, Saudi Arabia, Russia, Canada, Iraq, UAE, etc.
The United States is the largest oil producer, accounting for 17.
91% of total oil production.
The United States surpassed Saudi Arabia and Russia to become the world's largest crude oil producer in 2018 and has maintained this position ever since.
The United States has been the country with a large increase in production for the third consecutive year, with a daily production increase of 1.
7 million barrels.
The main reason is that at the end of 2018, the OPEC conference reached an agreement on a production reduction agreement.
In 2019, the OPEC countries represented by Saudi Arabia began to implement the production reduction agreement.
Russia, as an OPEC+ member, also joined the production reduction action.
The United States has always been committed to achieving energy independence and even energy dominance.
So as to seize the opportunity to dominate the energy market this time.
The United States is also a big consumer of oil resources, accounting for 19.
74% of oil consumption.
The oil production*0 countries in 2019 are the United States, Saudi Arabia, Russia, Canada, Iraq, UAE, etc.
The United States is the largest oil producer, accounting for 17.
91% of total oil production.
The United States surpassed Saudi Arabia and Russia to become the world's largest crude oil producer in 2018 and has maintained this position ever since.
The United States has been the country with a large increase in production for the third consecutive year, with a daily production increase of 1.
7 million barrels.
The main reason is that at the end of 2018, the OPEC conference reached an agreement on a production reduction agreement.
In 2019, the OPEC countries represented by Saudi Arabia began to implement the production reduction agreement.
Russia, as an OPEC+ member, also joined the production reduction action.
The United States has always been committed to achieving energy independence and even energy dominance.
So as to seize the opportunity to dominate the energy market this time.
The United States is also a big consumer of oil resources, accounting for 19.
74% of oil consumption.
Oil consumption increased by 900,000 barrels per day in 2019, which is 0.
9% lower than the 10-year average annual growth rate of 1.
3%.
The countries and regions with the largest increase in oil consumption in 2019 are China, Iran, India, etc.
In 2019, China's oil consumption increased by 681,000 barrels per day, which is a large increase in China's demand since 2015.
9% lower than the 10-year average annual growth rate of 1.
3%.
The countries and regions with the largest increase in oil consumption in 2019 are China, Iran, India, etc.
In 2019, China's oil consumption increased by 681,000 barrels per day, which is a large increase in China's demand since 2015.
In terms of oil production, oil production fell slightly by 60,000 barrels per day in 2019, of which OPEC countries' production fell sharply, while U.
S.
oil production increased strongly.
The daily output of OPEC such as Venezuela has fallen by 2 million barrels, the largest drop since 2009.
The main reason for the decline in production is the economic difficulties in Iran (a decrease of 1.
266 million barrels per day) and Venezuela (a decrease of 556,000 barrels per day).
S.
oil production increased strongly.
The daily output of OPEC such as Venezuela has fallen by 2 million barrels, the largest drop since 2009.
The main reason for the decline in production is the economic difficulties in Iran (a decrease of 1.
266 million barrels per day) and Venezuela (a decrease of 556,000 barrels per day).
For more data, please refer to the "Analysis Report on Market Prospects and Investment Strategic Planning of China's Oil and Gas Development Industry" issued by the Qianzhan Industry Research Institute.
At the same time, the Qianzhan Industry Research Institute also provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
Solutions such as investment attraction.
At the same time, the Qianzhan Industry Research Institute also provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
Solutions such as investment attraction.
Original title: Analysis of the regional competition pattern of oil supply and demand in 2020 China's oil consumption is growing rapidly [Photos]
